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Advantest Forms Strategic Partnerships with FormFactor and Technoprobe

Jan 09, 2025 - financialpost.com
Advantest Corporation, a leading supplier of semiconductor test equipment, has announced strategic partnerships and small minority investments in Technoprobe SpA and FormFactor, Inc. These partnerships aim to advance technology development and involve collaboration in technology and printed circuit board manufacturing. Advantest acquired 2.5% of Technoprobe’s shares from its controlling shareholder and will purchase a minority equity position from FormFactor. The company is also exploring further investments in other semiconductor supply chain companies to enhance its testing solutions for high-performance computing semiconductors.

Advantest's collaborations with these probe-card manufacturers are crucial as wafer-level testing becomes more significant in semiconductor production. The partnerships are designed to ensure customers have access to multiple probe-card suppliers and to facilitate technical collaboration for high-performance testing solutions. Advantest, founded in Tokyo in 1954, is a global leader in automatic test equipment and is committed to sustainable practices and social responsibility. Houlihan Lokey served as the exclusive financial advisor for these transactions.

Key takeaways:

  • Advantest Corporation has formed strategic partnerships with Technoprobe and FormFactor through small minority investments to advance technology development.
  • The partnerships involve collaboration in technology and printed circuit board (PCB) manufacturing, but Advantest will not take board seats or have governance roles in either company.
  • Advantest's investments aim to support the semiconductor supply chain and ensure access to multiple probe-card suppliers for high-performance testing solutions.
  • Houlihan Lokey served as the exclusive financial advisor to Advantest in these transactions.
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