Advantest Completes Buyout of Credence Systems GmbH

(August 27, 2008) TOKYO &#151 Advantest Corporation, manufacturer of semiconductor test equipment, has completed its buyout of Credence Systems GmbH (CSG), a manufacturer of test systems for automotive semiconductors.

The newly formed company will operate under the name Advantest Europe Systems GmbH and be located in Amerang, Germany. Josef Schraetzenstaller, currently executive officer of Advantesst Corp. will take on the role of managing director.

The contract to acquire CSG was signed in June of this year. All closing conditions have been met, including the approval of German antitrust authorities, and the transaction was closed on August 26th, German time.

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