FormFactor to acquire MicroProbe for wafer tests

Congrats to portfolio company MicroProbe on acquisition by FromFactor!

MANHASSET, NY -- FormFactor, Inc. has signed a merger agreement with Astria Semiconductor Holdings, Inc., the parent company of MicroProbe, Inc., to acquire MicroProbe for $100 million in cash and $16.8 million in stock. "FormFactor and MicroProbe customers will benefit since the combined company will have the technology and resources to address semiconductor test requirements across the entire advanced probe card space." said Tom St. Dennis, CEO of FormFactor, in a statement. "I'm very excited about the combination of MicroProbe and FormFactor," said Mike Slessor, Chief Executive Officer of MicroProbe, whowill become a senior vice president and executive officer of the combined companies. FormFactor, Inc. is a leader provides advanced wafer probe cards, which are used by semiconductor manufacturers to electrically test ICs. MicroProbe which provides wafer test solutions t...

Full article: http://www.eetimes.com/electronics-news/4395212/FormFacto...