SV Probe acquires Tokyo Cathode Laboratory assets

Siliconsemiconductor.net Invest 25 June 2013
SV Probe Pte. Ltd., a supplier of high-performance probe cards, has entered into a business transfer agreement to purchase certain probe card business, technologies, intellectual property rights and assets of Tokyo Cathode Laboratory.
Probe cards are essential tools in the electrical testing of semiconductor wafers before they are diced, packaged and assembled in electronic products such as tablets, smart phones, computers and digital media players.
This acquisition will create a stronger product portfolio for SV, place the company in a more competitive position within the IC testing market and give SV Probe a significant advantage with access to the large Japanese probe card market.
SV Probe will acquire TCL’s shares in its subsidiaries in Singapore, Taiwan, Hong Kong and Guangzhou, China, along with the assets and business of TCL and its Japan subsidiaries, held or used in the marketing, manufacturing and distribution of certain probe card products.
Read more…