Nanolab Technologies, Inc. announced today that it has acquired Microtech Laboratories, LLC a well-established Dallas, Texas, failure analysis laboratory founded in 1999. Microtech Laboratories provides electrical and physical failure analysis to the semiconductor industry as well as extensive reverse engineering work to the legal industry.
The acquisition continues the rapid growth path set by Nanolab Technologies, Inc., which opened its new, purpose built, analytical services laboratory in Silicon Valley in 2011, a second lab operation at the Center for Nanoscale Science and Engineering (CNSE) in Albany, NY in 2011 and acquired Silicon Valley based FIB Lab, Inc. in 2013.
Since its inception Nanolab continues to invest heavily in new instrumentation for its existing advanced electron microscopy and materials analysis businesses. The company recently identified device failure analysis (FA) as an underserved market and as part of its overall growth strategy has expanded its capabilities through the acquisition of new, advanced instruments.
The company also sees opportunities for further consolidation in the space that will be driven by the cost of new instruments necessary to stay relevant in support of its customers’ transition to current and future technology nodes.
Microtech will continue its operations in Plano, Texas where it provides services to a broad array of analog, digital, mixed-signal, MEMS and RF customers. Nanolab Technologies, Inc. will acquire all equipment assets of the company and also hire all of its employees.
“This acquisition is the next step in our company’s plan to accelerate growth in key market sectors, leveraging the investments that we have made since 2007 in leading-edge analytical instruments and laboratory facilities,” stated John P. Traub, Nanolab Technologies, Inc., President and CEO. “Strategic acquisitions will complement our current expansion plans for our Silicon Valley and Albany, NY, lab operations.”
Microtech Laboratories President, John Olson, commented, “I am excited to add Nanolab’s failure analysis and advanced material analysis services to our capabilities. The combined operations of both companies broaden our portfolio of leading edge electrical and physical analysis services. This also broadens our geographic reach and customer support with complimentary facilities in California, Texas and New York.”