K&S Closes Wafer Test Business Sale

(March 7, 2006) Willow Grove, PA &#8212 Kulicke & Soffa Industries Inc. (K&S) has closed the sale of all assets of its wafer test business to SV Probe Pte Ltd., a worldwide probe card and test interface manufacturer (please see January 27th story). The wafer-test assets were reportedly sold for $10.0 million, which includes the assumption of accounts payable and certain other liabilities, and are subject to a post-closing working capital adjustment.


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