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Announced

Galaxy Semiconductor to acquire the Quantix Business from Siemens.

Synopsis

Galaxy Semiconductor, a provider of test data analytics tools to the semiconductor industry, agreed to acquire the Quantix business from Siemens, an industrial manufacturing company. Financial terms were not disclosed. "We chose to continue with the Galaxy name because of the many years of history and the strong reputation that it enjoys in the semiconductor industry. I'm looking forward to leading this great team to design and build amazing new products that address difficult technical challenges such as yield optimization, device characterization, and reliability improvement," Philippe Lejeune, Galaxy President and CEO.

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