Announced
Completed
Financials
Sources
Tags
printed circuit boards
Cross Border
Friendly
Private
Majority
Taiwan
Electronic Components and Equipment
Acquisition
Single Bidder
electronic engineering
Completed
Synopsis
Advantest, a manufacturer of automatic test and measurement equipment, completed the acquisition Shin Puu, a Taiwan-based supplier of printed circuit boards. Financial terms were not disclsoed. "The acquisition of Shin Puu is part of our medium- to long-term growth strategy to expand our test and measurement solutions across the continuously evolving semiconductor value chain. Shin Puu's engineering and manufacturing capabilities strongly complement R&D Altanova's high-end test board design technology, and we expect that this will accelerate the growth of our device interface business. In addition to expanding our manufacturing capabilities for high-end test boards, we believe this will enable us to strengthen our customer base in the Asian region, strengthen our recurring business, and help diversify and stabilize our revenue base," Yoshiaki Yoshida, Advantest President and Group CEO.
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