Kulicke and Soffa to acquire Probe Technology

Willow Grove, Pennsylvania–Nov. 15, 2000–Kulicke and Soffa Industries Inc. (K&S), a supplier of semiconductor assembly equipment and materials, has signed a $65 million definitive agreement to acquire Santa Clara, California-based Probe Technology Corp., a privately held manufacturer of probe cards for the semiconductor industry.

“The acquisition of Probe Technology Corp. is another step forward in our strategy to offer the most complete, capable, and cost-effective interconnect solutions,” says K&S Chairman and CEO C. Scott Kulicke. “Test clearly is an enabling technology for our customers. This acquisition, combined with the previously announced tender for Cerprobe Corp., will provide a strong base for implementation of our strategy.”

The acquisition is subject to standard closing conditions and regulatory approvals.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.