Item 8.01. Other Events.
On November 17, 2020 PDF Solutions, Inc. (the "Company") issued a press release
announcing it has entered into a definitive agreement to acquire all of the
outstanding equity of Cimetrix Incorporated ("Cimentrix"). The Company also
posted on the Investors section of its website (www.pdf.com) an investor
presentation, dated November 17, 2020 about the transaction. Copies of the press
release and investor presentation are attached hereto as Exhibit 99.1 and 99.2,
respectively.
The Company will pay a cash amount of approximately $35.0 million net of cash on
Cimetrix's balance sheet as of closing, for all of the outstanding equity of
Cimetrix, subject to customary purchase price and other certain closing
adjustments. The acquisition is subject to standard closing conditions and is
expected to close in the fourth calendar quarter of 2020.
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Table of Contents
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Description
Exhibit No.
99.1 Press Release dated November 17, 2020, announcing the Company has entered
into a definitive agreement to acquire all of the outstanding equity
of Cimetrix Incorporated.
99.2 Investor Presentation, dated November 17, 2020.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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