Verigy signs agreement to acquire Inovys
-- Test & Measurement World, 12/6/2007 9:25:00 AM
Verigy and Inovys today announced that they have signed a definitive agreement for Verigy to acquire Inovys. Financial details were not disclosed. The acquisition is expected to be final in 30 to 60 days, subject to certain closing conditions. This acquisition enables Verigy to provide an integrated time-to-yield offering for semiconductor manufacturers. Inovys’ products bridge the gap between electronic design automation (EDA) and test, providing a path between design and production.
“Time-to-entitled-yield becomes a critical metric that places the focus squarely on test,” said Keith Barnes, chairman, CEO, and president of Verigy. “Verigy’s production workhorse V93000 system combined with Inovys’ design-for-test and design-for-manufacturing tools have demonstrated significant time-to-yield value for Verigy customers. Inovys’ and Verigy’s solid track records for technology innovation, quality products and superb customer service will allow us to raise the bar in delivering world-class solutions to the industry.”
“Joining forces with Verigy will expand Inovys’ reach and accelerate our ability to develop solutions at the crossroads of design, manufacturing and yield metrology,” said Paul Sakamoto, Inovys’ CEO. “Together we bridge the gap between design validation/silicon debug and high-volume manufacturing. We are excited to have found a company with such a complementary culture, product line, commitment to customer satisfaction, and vision – and with Verigy’s increasing market share at the more challenging designs and process nodes, we are even more confident of our success moving forward.”
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