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Advantest Completes Buyout of Credence Systems GmbH
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TOKYO, Japan, August 27th, 2008 - Advantest Corporation, the world's leading semiconductor test equipment manufacturer, has completed its buyout of Credence Systems GmbH (CSG), a manufacturer of test systems for automotive semiconductors. The contract to acquire CSG was signed in June of this year. All closing conditions have been met, including the approval of German antitrust authorities, and the transaction was closed on August 26th, German time.
As of August 26th, CSG will operate as follows, under a new name:
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1. |
New company name: |
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Advantest Europe Systems GmbH |
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Location: |
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Amerang, Germany |
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Company Officer (Position): |
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Josef Schraetzenstaller (managing director)
Currently:
Executive officer of Advantest Corporation
Managing director of Advantest (Europe) GmbH |
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Business Description: |
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Development, manufacture, sale, maintenance and import/export of test equipment and other electronic devices in the semiconductor manufacturing sector. |
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Advantest Corporation Public and Investor Relations Section
+81-3-3214-7500 |
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Advantest (Europe) GmbH Corporate Communications
+49-89-99312-0 |
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All information supplied in this release is correct at the time of publication, but may be subject to change without warning. |
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Advantest Corporation is the world's leading automatic test equipment supplier to the semiconductor industry, and also produces electronic instruments and systems. A global company, Advantest has long offered total ATE solutions, and serves the industry in every component of semiconductor test: tester, handler, mechanical and electrical interfaces, and software. Its logic, memory, mixed-signal and RF testers and device handlers are integrated into the most advanced semiconductor production lines in the world. Founded in Tokyo in 1954, Advantest established its first subsidiary in 1982, in the USA, and now has subsidiaries worldwide. Among them, Advantest America, Inc. is based in Santa Clara, CA., Advantest (Europe) GmbH is based in Munich, Germany, and Advantest Taiwan Inc. is based in Hsinchu, Taiwan. More information is available at www.advantest.co.jp. |
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