AOI Electronics Co., Ltd. cancelled the acquisition of Wafer Level Packages Business from Tera Probe Inc..
October 30, 2016
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AOI Electronics Co., Ltd. (TSE:6832) entered into a basic agreement to acquire Wafer Level Packages Business from Tera Probe Inc. (TSE:6627) on September 1, 2015. Under the terms, AOI Electronics Co., Ltd. will acquire Wafer Level Packages Business will create the new company. Transaction is approved by Tera Probe Inc. board, expected to be closed on April 1, 2016. Sangyo Sosei Advisory advises Micron Technology on the sale of wafer-level packaging business of Tera Probe to AOI Electronics.
AOI Electronics Co., Ltd. (TSE:6832) cancelled the acquisition of Wafer Level Packages Business from Tera Probe Inc. (TSE:6627) on October 1, 2016.
Tera Probe, Inc. is a Japan-based company mainly engaged in wafer testing, and final test consignment. The Company operates in two business segments. The Memory segment is mainly engaged in the contract wafer testing business of dynamic random access memory (DRAM) produced by semiconductor manufacturers and fabrication factories. The System Large-scale Integration (LSI) segment is principally involved in the contract wafer testing business of semiconductor products such as System on Chips (SoCs), image sensors and analogs produced by domestic and international semiconductor manufacturers and fabrication factories. This segment also operates contract final testing business.