Cohu Acquires Equiptest Engineering
02 10월 2023 - 2:23PM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and
services optimizing semiconductor manufacturing yield and
productivity, today announced that it has acquired Equiptest
Engineering Pte. Ltd. (“EQT”), a provider of semiconductor test
contactors and other consumables with trailing twelve months
revenue of approximately $20 million.
EQT becomes part of Cohu’s Interface Solutions Group, combining
products and technologies to accelerate customer penetration. EQT
also enhances Cohu’s complex machining capabilities and
manufacturing expertise, expands engineering capacity and customer
presence. This acquisition is expected to be accretive to Cohu’s
fiscal 2024.
“I am pleased to welcome EQT and its employees to the Cohu
family. This acquisition provides an opportunity to accelerate
growth in recurring revenue, expand products, manufacturing and
customer presence,” said Cohu President and CEO Luis Müller.
“Moving forward, we expect to draw upon our collective expertise to
better serve our semiconductor customers to grow in mid- to
high-power test applications in automotive and industrial
markets.”
About Cohu:
Cohu (NASDAQ: COHU) is a global technology leader supplying
test, automation, inspection and metrology products and services to
the semiconductor industry. Cohu’s differentiated and broad product
portfolio enables optimized yield and productivity, accelerating
customers’ manufacturing time-to-market. Additional information can
be found at www.cohu.com.
Forward-Looking Statements:
Certain statements contained in this release and accompanying
materials may be considered forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995, including all references to the acquisition of EQT; expected
accretion and/or impact on Cohu financial results; opportunities to
accelerate growth in recurring revenue, expand products,
manufacturing and customer presence; growing mid- to high-power
test applications in automotive and industrial markets; and any
other statements that are predictive in nature and depend upon or
refer to future events or conditions; and/or include words such as
“may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,”
“likely,” “believe,” “estimate,” “project,” “intend;” and/or other
similar expressions among others. Statements that are not
historical facts are forward-looking statements. Forward-looking
statements are based on current beliefs and assumptions that are
subject to risks and uncertainties and are not guarantees of future
performance. Any third-party industry analyst forecasts quoted are
for reference only and Cohu does not adopt or affirm any such
forecasts.
Actual results and future business conditions could differ
materially from those contained in any forward-looking statement as
a result of various factors, including, without limitation:
acquisitions are inherently uncertain and the intended goals and
synergies may not be achieved; difficulties with integration;
unforeseen business, financial, product or legal issues not
discovered in the due diligence process; cyclical COVID-19 pandemic
impacts; new product investments and product enhancements which may
not be commercially successful; inability to effectively manage
multiple manufacturing sites in Asia and secure reliable and
cost-effective raw materials; failure of sole source contract
manufacturer; ongoing inflationary pressures on material and
operational costs coupled with rising interest rates; economic
recession; instability of financial institutions where we maintain
cash deposits and potential loss of uninsured cash deposits; the
semiconductor industry is seasonal, cyclical, volatile and
unpredictable; the semiconductor equipment industry is intensely
competitive; rapid technological changes and product introductions
and transitions; a limited number of customers account for a
substantial percentage of net sales; significant exports to foreign
countries with economic and political instability and competition
from a number of Asia-based manufacturers; loss of key personnel;
reliance on foreign locations and geopolitical instability in such
locations critical to Cohu and its customers; natural disasters,
war and climate-related changes; increasingly restrictive trade and
export regulations impacting our ability to sell products,
specifically within China; significant goodwill and other
intangibles as percentage of our total assets; risks associated
with additional potential acquisitions, investments and
divestitures; levels of debt; financial or operating results that
are below forecast or credit rating changes impacting our stock
price or financing ability; law/regulatory and including tax law
changes; significant volatility in our stock price; and the risk of
cybersecurity breaches.
These and other risks and uncertainties are discussed more fully
in Cohu’s filings with the SEC, including our most recent Form 10-K
and Form 10-Q, and the other filings made by Cohu with the SEC from
time to time, which are available via the SEC’s website at
www.sec.gov. Except as required by applicable law, Cohu does not
undertake any obligation to revise or update any forward-looking
statement, or to make any other forward-looking statements, whether
as a result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230929282930/en/
Investor Contact: Cohu, Inc. Jeffrey D. Jones, 858-848-8106
Investor Relations
Cohu (NASDAQ:COHU)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Cohu (NASDAQ:COHU)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024