The acquisition furthers Tessera Technologies’ long-term growth strategy, teaming Digital Optics, as a third wholly-owned subsidiary, with Tessera, Inc. and Tessera Israel. Digital Optic’s micro-optics technology — along with wafer-level image sensor packaging technology assets acquired from Shellcase, Ltd. in 2005 — will ramp-up Tessera’s development of miniaturized imaging solutions for high-growth, high-volume consumer optics applications. The market for camera phones is slated to experience a 21% compounded annual growth rate (AGR) from 2005 to 2006, and will be a primary focus for the company.
(July 12, 2006) GILBERT, AZ and VANCOUVER, WA — Socket and connector provider Antares conTech and UMD Advanced Test Technologies have executed a letter of intent to merge. The combined company, named Antares Advanced Test Technologies, will provide engineering services and products for semiconductor test.