Advantest Establishes New Subsidiary Cloud Testing Service, Inc.
TOKYO -- October 02, 2012
Advantest Corporation (TSE: 6857, NYSE: ATE) today announced that it has
established a new subsidiary to conduct sales of its CloudTesting^TM Service,
which provides test solutions utilizing IT and cloud computing technology.
Fusing cutting-edge test technology with cloud computing, Advantest’s new
CloudTesting^TM Service represents a new concept in semiconductor test:
on-demand test solutions tailored precisely to customer needs. The
establishment of Cloud Testing ^ Service, Inc. creates a framework for the
Advantest Group to provide this new service promptly and flexibly, at a highly
competitive price point. The new subsidiary was incorporated on October 1,
2012 and officially launched sales of CloudTesting^TM Service today.
Background to the Establishment of Cloud Testing Service, Inc.
Amid rapid technological innovation in the semiconductor industry, Cloud
Testing ^ Service, Inc. is poised to make a broad, immediate contribution to
R&D testing needs. Customers can download test software and applications from
the cloud on demand, selecting the optimal tools for their test and evaluation
/ analysis requirements.
Advantest has established Cloud Testing ^ Service, Inc. as a new subsidiary to
underline the paradigmatic nature of this shift from the existing model of
semiconductor test equipment manufacturing and sales to a new business model
anchored in internet-based commerce.
Registered Name Cloud Testing Service, Inc.
Place of Business Marunouchi 1-6-2, Chiyoda-ku,
Planning and sales of
Business Description semiconductor testing services via
test IP licensing
Planning CloudTesting^TM Station
terminals for testing service
Capital ¥ 300 million
Executives Representative Director & Manabu Kimura
Director Yoshiaki Yoshida
Auditor Takayuki Arai
Revenue Target ¥ 1 billion
Cloud Testing Service, Inc.
Marunouchi 1-6-2, Chiyoda-ku, Tokyo, Japan
All information supplied in this release is correct at the time of
publication, but may be subject to change.
Hiroki Yanagita, 03-3214-7500
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