DECEMBER 19, 2008–SUNNYVALE, CA–EAG, Inc., a provider of surface analysis and materials characterization services, and microelectronic release-to-production (RTP) and failure analysis (FA) services, has entered into a definitive agreement to acquire Nano Integrated Solutions, Inc. (NanoISI). NanoISI is a provider of RTP and FA services, with approximately 85 employees and locations in Santa Clara, CA; Phoenix, AZ; and Austin, TX. EAG and NanoISI expect to close the acquisition in January 2009. Financial terms of the transaction were not disclosed.
Founded in July 2007 through the merger of three integrated circuit (IC) design support service providers–Berkeley Consulting, FIB International, and Nano Measurements–NanoISI’s RTP services include turnkey ATE test solutions, test program development, ATE training, failure analysis and IC debug services, and reliability and qualification testing. NanoISI’s range of microscopy services includes SEM, FE-SEM, TEM, and FE-TEM.
The acquisition of NanoISI, EAG’s first since being acquired by Odyssey Investment Partners, LLC in September 2008, is intended to support the company’s strategy of becoming the leading supplier of a turnkey, integrated package of RTP services.
David Lahar, CEO of EAG, says, “The NanoISI acquisition represents EAG’s single most important step in creating a complete turnkey service offering for our RTP customers. Fabless semiconductor companies, IDMs, and leading IC foundries have been aggressively seeking a partner to whom they can outsource an increasing range of their IC design support requirements, including ATE test solutions, packaging design and testing, failure analysis and debug, and reliability and qualification testing. The combination of EAG and NanoISI offers semiconductor customers a large, well-capitalized company that can provide the complete range of these RTP services.”
EAG has an international network of laboratories and serves more than 3,500 customers worldwide, primarily the research and development departments of companies developing products where properties of materials are critical to product performance.
NanoISI’s CEO, Majid Ghafghaichi, adds, “We hope to continue to expand rapidly as we leverage the capabilities of the other EAG operations as well as EAG’s worldwide network of labs.”