Lam Research completed the acquisition of Semsysco from Gruenwald Equity.

Lam Research, a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, completed the acquisition of Semsysco, a global provider of wet processing semiconductor equipment, from Gruenwald Equity, a private equity firm. Financial terms were not disclosed. "The strategic acquisition of SEMSYSCO furthers our commitment to help chipmakers address their emerging technology challenges, adding deep capabilities in advanced substrates and packaging processes. With innovative offerings and leading-edge research and development in packaging, Lam is well-positioned to support our customers as they scale to future chiplet-based technologies," Tim Archer, Lam Research president and CEO.