Cascade Microtech Acquires Aetrium's Reliability Test Products Business Acquisition Strengthens Semiconductor Test Solutions Aimed at Emerging Wafer-Level Reliability Markets BEAVERTON, OR -- (Marketwired) -- 08/01/13 -- Cascade Microtech, Inc. (NASDAQ: CSCD), a leader at enabling precision measurements of integrated circuits at the wafer level, announced that it has acquired the ReliabilityTest Products (RTP) business of Aetrium Incorporated, a U.S. public company. The RTP business specializes in package- and wafer-level reliability (WLR) solutions for wafer process technologies; the product line strengthens Cascade Microtech's position as a worldwide leader in the design, development and manufacture of advanced wafer probing solutions for the electrical measurement and test of semiconductor integrated circuits. The acquisition is closely aligned with the Company's strategy of delivering Integrated Measurement Solutions that address emerging requirements at advanced semiconductor nodes. The acquisition of the RTP business affords Cascade Microtech the opportunity to leverage its market position, and focuses the necessary resources towards solving significant customer challenges resulting from advanced materials, new geometries, and new design rules. These expanded core competencies enable Cascade Microtech to further address customers' needs at advanced nodes, and are particularly important as FinFET and other three-dimensional structures exhibit properties that will evidence themselves in an increasing variety of reliability-related issues. Customers of Aetrium's Reliability Test Products business will also benefit from Cascade Microtech's global service and support network, and its strong commitment to customer satisfaction and technology leadership. "This is a key strategic move which not only strengthens our product portfolio, but enhances our competency in reliability testing. This moves us closer to our goal of fully-integrated measurement solutions focused on addressing growth markets," said Michael Burger, President and CEO, Cascade Microtech, Inc. "The acquisition will enable us to aggressively meet the technical challenges our customers have in ramping advanced processes. We can help them achieve the requirements for early analysis and lifetime predictions, and help them respond to critical time-to-market demands." "We've worked closely with Cascade Microtech for many years providing comprehensive wafer-level test and measurement solutions for accurate and efficient WLR tests," said Joseph C. Levesque, President and CEO of Aetrium Incorporated. "Aetrium's Conductor software package controls probe stations for fully-automated test execution and high data throughput. Combined with the new Symphony(TM) portable test instrumentation, I believe this will significantly benefit customers who are looking for cost-effective, sophisticated, high-performance WLR test solutions." About Aetrium Aetrium, based in North St. Paul, Minnesota, is a leading supplier of proprietary technologies and equipment that are used by the worldwide semiconductor industry to test integrated circuits. The company's products are used by customers to advance reliability, improve quality, increase product yield or improve manufacturing processes. Aetrium's common stock is publicly traded on the Nasdaq market under the symbol ATRM. More information about Aetrium is available on the internet at www.Aetrium.com or by emailing email@example.com. About Cascade Microtech, Inc. Cascade Microtech, Inc. (NASDAQ: CSCD) is a worldwide leader in precision contact, electrical measurement and test of integrated circuits (ICs), optical devices and other small structures. For technology businesses and scientific institutions that need to evaluate small structures, Cascade Microtech delivers access to electrical data from wafers, ICs, IC packages, circuit boards and modules, MEMS, 3D TSV, LED devices and more. Cascade Microtech's leading-edge stations, probes, probe cards and integrated systems deliver precision accuracy and superior performance both in the lab and during production manufacturing of high-speed and high-density semiconductor chips. For more information visit www.cascademicrotech.com. FOR MORE INFORMATION, CONTACT: Jeff Killian Cascade Microtech, Inc. (503) 601-1280 Jeff.Killian@cmicro.com
Cascade Microtech Acquires Aetrium's Reliability Test Products Business
Press spacebar to pause and continue. Press esc to stop.