Camtek to Acquire FormFactor's FRT Metrology Business
2023年9月18日 - 9:00PM
Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), together with FormFactor,
Inc. (NASDAQ: FORM), are pleased to announce that they have entered
into an agreement for the acquisition by Camtek of FormFactor,
Inc.’s FRT Metrology (“FRT”) business for $100 million in cash,
subject to customary purchase price adjustments.
FRT, headquartered in Bergisch Gladbach,
Germany, is a leading supplier of high-precision metrology
solutions for the Advanced Packaging and Silicon Carbide markets.
Camtek is a market leader of inspection and 3D metrology in the
semiconductor industry. This acquisition is expected to leverage
Camtek’s and FRT’s advanced technologies of Advanced Packaging and
Silicon Carbide that require new inspection and metrology steps in
the semiconductor manufacturing processes. Camtek, with the
addition of FRT’s unique hybrid multi-sensor SurfaceSens™
technology, will be able to provide customers with broader and more
comprehensive solutions for inspection and metrology.
“We welcome FRT and its employees to the Camtek
family,” said Mr. Rafi Amit, Camtek’s CEO. “We
expect this acquisition to solidify Camtek’s leading market
position and contribute approximately 10% to the annual revenues in
2024 and be accretive within 12 months following the acquisition.
Beyond the immediate financial contribution, we expect further
synergies that will contribute to Camtek’s overall growth prospects
in 2024 and beyond. We look forward to capturing a larger share of
the unique growth opportunities ahead of us.”
Mike Slessor, FormFactor’s CEO,
commented “I’m extremely proud of the FRT team’s innovation and
growth since FormFactor’s acquisition of this business in 2019 and
would like to thank the team for the strong results they have
delivered as part of the FormFactor family. I’m also excited
for the opportunity this team has to leverage Camtek’s established
scale and expertise in inspection and metrology to deliver the next
stage of growth from this business. FormFactor remains
committed to developing and providing industry-leading test and
measurement solutions for advanced packaging, helping enable the
next phase of semiconductor innovation in applications like
generative AI and co-packaged optics. We expect this transaction to
maximize present and future FormFactor shareholder value by
realizing a robust return on our investment while allowing us to
focus our resources on strategic initiatives and industry-leading
businesses where we have market leadership and significant
scale.”
The transaction is expected to close in Q4 2023,
subject to the satisfaction of customary closing conditions.
ABOUT CAMTEK LTD.
Camtek is a developer and manufacturer of high-end inspection
and metrology equipment for the semiconductor industry. Camtek’s
systems inspect IC and measure IC features on wafers throughout the
production process of semiconductor devices, covering the front and
mid-end and up to the beginning of assembly (Post Dicing). Camtek’s
systems inspect wafers for the most demanding semiconductor market
segments, including Advanced Interconnect Packaging, Heterogenous
Integration, Memory and HBM, CMOS Image Sensors, Compound
Semiconductors, MEMS, and RF, serving numerous industry’s leading
global IDMs, OSATs, and foundries.
With eight offices around the world, Camtek has
best-in-class sales and customer support organization, providing
tailor-made solutions in line with customers’ requirements.
CAMTEK LTD.Moshe Eisenberg, CFO Tel: +972 4 604
8308Mobile: +972 54 900 7100moshee@camtek.com |
INTERNATIONAL INVESTOR RELATIONS EK Global
Investor RelationsEhud Helft Tel: (US) 1 212 378
8040camtek@ekgir.com |
ABOUT FORMFACTOR
FormFactor, Inc. (NASDAQ: FORM), is a leading provider of
essential test and measurement technologies along the full IC life
cycle - from metrology and inspection, characterization, modeling,
reliability, and design de-bug, to qualification and production
test. Semiconductor companies rely upon FormFactor's products and
services to accelerate profitability by optimizing device
performance and advancing yield knowledge. FormFactor serves
customers through its network of facilities in Asia, Europe, and
North America. For more information, visit FormFactor's website at
www.formfactor.com.
Investor ContactStan FinkelsteinInvestor
Relations(925) 290-4321ir@formfactor.com
Forward-looking Statements:
This press release contains statements that may
constitute “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on Camtek’s and FormFactor
current beliefs, expectations and assumptions about its business
and industry, all of which may change. Forward-looking
statements can be identified by the use of words including
“believe,” “anticipate,” “should,” “intend,” “plan,” “will,” “may,”
“expect,” “estimate,” “project,” “positioned,” “strategy,” and
similar expressions that are intended to identify forward-looking
statements, including expectations and statements relating to the
proposed transaction between Camtek and FormFactor, including
statements regarding the benefits and the timing of the transaction
as well as statements regarding the companies’ products, prospects
and results following the transaction and markets. These
forward-looking statements involve known and unknown risks and
uncertainties that may cause the actual results, performance or
achievements of both Camtek and FormFactor to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such risks
and uncertainties include, among others, the risk that the
transaction may not be completed in a timely manner or at all,
which may adversely affect the companies’ businesses and the price
of their securities; uncertainties as to the timing of the
consummation of the transaction and the potential failure to
satisfy the conditions to the consummation of the transaction;
delays, disruptions or increased costs in the integration of FRT’s
business with Camtek; unanticipated restructuring costs may be
incurred or undisclosed liabilities assumed; attempts to retain key
personnel, customers, and vendors may not succeed; risks related to
diverting management’s attention from Camtek’s ongoing business
operations; exposure to inflation, currency rate and interest rate
fluctuations and risks associated with doing business locally and
internationally, as well as fluctuations in the market price of
Camtek’s and FormFactor’s traded securities; the impact of general
economic conditions on the on Camtek’s and FRT’s business; ongoing
or potential litigations or disputes, incidental to the conduct of
FRT’s ongoing business, with customers, suppliers, landlords, or
other third parties; potential adverse reactions or changes to
business relationships resulting from the announcement or
completion of the transaction; potential negative changes in
general economic conditions in the regions or the industries in
which Camtek and Form Factor operate; and those other factors
discussed in Camtek’s and FormFactor’s Annual Reports on Form 20-F
and 10-K, respectively, and other documents filed by the Camtek and
FormFactor with the SEC as well as other documents that may be
subsequently filed by the companies from time to time with the SEC.
We caution you not to place undue reliance on forward-looking
statements, which speak only as of the date hereof. Camtek and
FormFactor do not assume any obligation to update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release unless
required by law.
Source: FormFactor, Inc.
FORM-F
Camtek (NASDAQ:CAMT)
過去 株価チャート
から 4 2024 まで 5 2024
Camtek (NASDAQ:CAMT)
過去 株価チャート
から 5 2023 まで 5 2024