Date: 20/04/2016

FOGALE NANOTECH acquired ALTATECH

FOGALE Nanotech has acquired Grenoble, France based Altatech, a semiconductor wafer inspection and material deposition tools vendor.

Fogale Nanotech can now supply broader range of inspection and metrology tools to address high throughput 2D, 3D and full wafer inspection for 3D IC TSV, advanced packaging, MEMS, LED and Substrate applications in semiconductor equipment industry.

Patrick Leteurtre, Chief Executive Officer of FOGALE Nanotech, said: " The Altatech acquisition is superbly aligned with Fogale Nanotech group’s strategy to incubate, develop and accelerate commercial and industrial growth of product subsidiaries. Altatech brings its own innovative technologies and products to address the growing advanced semiconductor manufacturing market which will become mainstream following support announced by major semiconductor product leaders.”

At closing, Fogale Nanotech paid a fixed price in cash in consideration for 100% of the shares of Altatech SAS.
Author: Srinivasa Reddy N
Author: Srinivasa Reddy N