January 4, 2007 – CoorsTek Inc., a manufacturer of ceramics and electronics components, has acquired Ventura, CA-based Gaiser Tool Co., a ceramics precision tooling firm, for an undisclosed amount.
Gaiser invented the first alumina ceramic capillary in 1970, and a process for ultrafine-pitch bonding in 1997 to produce bottleneck-style premium ceramic capillaries.
CoorsTek says it will keep the Gaiser brand and absorb the company’s technical and material work. The deal will also expand CoorsTek’s microcomponent capabilities in various markets.
“Gaiser Tool invented the wire bonding ceramic tool market in the early 1970s and now leads the high end of it with quality and innovation,” said Mark Petty, EVP of CoorsTek Inc., in a statement. “We bring a significant level of technical ceramic expertise to this enterprise and expect customers and their industries to benefit substantially.”