Tech Company M&A Transactions
NPTest Holding Acquisition
NPTest Holding, based in Milpitas, was bought by LTXC. Deal value was $660 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/23/2004
Transaction Type
M&A
Amount
$660,000,000
M&A Terms
The acquisition will be a combined stock-for-stock and cash transaction valued at approximately $660 million and is expected to be neutral to earnings-per-share for the first combined quarter, i.e. Credence's fourth fiscal quarter, and accretive in fiscal year 2005. The board of directors of each company has unanimously approved the agreement.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1421 California Circle
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
NPTest designs, develops and manufactures advanced semiconductor test and diagnostic systems and provides related services for the semiconductor industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ashok Belani
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