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.