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Announced

Completed

SHELLBACK completed the acquisition of the MERCURY+ batch spray cleaning product line from Tokyo Electron.

Synopsis

SHELLBACK, a batch spray equipment solutions provider, completed the acquisition of the MERCURY+ batch spray cleaning product line from Tokyo Electron, a company of semiconductor production equipment. Financial terms were not disclosed. "MERCURY+ is a great complement to our existing industry leading wet process technology, with high throughput capabilities that make it ideal for emerging markets like Power Devices and MEMS. We thank Tokyo Electron for selecting SHELLBACK for this acquisition, and we look forward to working with their global team in the coming months as we transition the responsibilities for this product line. Our mutual priority is seamless support for our customers," Wayne Jeveli, SHELLBACK CEO.

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