POWAY, Calif.--(BUSINESS WIRE)--Jan. 2, 2013--
Cohu, Inc. (NASDAQ: COHU) today announced the completion of its
previously disclosed acquisition of Ismeca Semiconductor Holding SA.
Ismeca, with headquarters in La Chaux-de-Fonds, Switzerland and major
operations in Malacca, Malaysia and Suzhou, China, designs, manufactures
and sells turret-based test handling and back-end finishing equipment
for ICs, LEDs and discrete components. Ismeca’s unaudited sales for the
twelve months ended June 2012 were approximately $84 million. The
purchase price was $54.5 million plus acquired cash and was funded out
of Cohu’s existing cash reserves.
About Cohu:
Cohu is a supplier of test handling, burn-in, thermal subsystems and
MEMS test solutions used by the global semiconductor industry as well as
a supplier of microwave communications and video equipment.
For press releases and other information of interest to investors,
please visit Cohu’s website at www.cohu.com.
Source: Cohu, Inc.
Cohu, Inc.
Jeffrey D. Jones - Investor Relations
858-848-8106
