Ad-hoc | 27 October 2000 11:50
Ad hoc-Service: Süss MicroTec AG
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Suss MicroTec acquires high-tech company in Silicon Valley
Munich, 27th October 2000 – The Suss MicroTec AG has opened the door to
further growth with a further new acquisition. The semiconductor
equipment supplier has taken over the American company MFI-Technologies
located in San Jose in Silicon Valley. MFI has developed the leading
technology available to test the next generation of chips. Through the
purchase, Suss has been able to include high-end equipment in its range
of so-called Probers which are used to test. Through the acquisition of
the MFI products, the Suss MicroTec reckons with an increase in
turnover in the region of some tens of millions Euro over the coming years.
A further advantage of the acquisition is that Suss now has a branch in
Silicon Valley as well as its production site in Waterbury, Vermont.
Being located so close to many important customers in Silicon Valley
gives Suss far better opportunities to further build upon its
technological leadership in a number of areas through close cooperation
with customers. MFI will be completely integrated into the SUSS Group
with current CEO David Fisher remaining in his position.
Contact:
Süss MicroTec AG Tel.: + 49 (0) 89 32 007314
Ariane Meynert http://www.suss.de
Investor Relations meynert@suss.de
Information MFI:
http ://www.mfitech.com
CEO David Fisher
Ddf@mfitech.com
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