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January 10, 2008
Verigy Completes the Acquisition of Inovys
CUPERTINO, Calif. – Verigy (NASDAQ: VRGY), a premier semiconductor test company, today announced that it has completed the acquisition of Inovys, which provides innovative solutions for design debug, failure analysis and yield acceleration for complex semiconductor devices and processes.
“We are pleased to have completed the acquisition of Inovys,” said Keith Barnes, chairman, CEO and president, Verigy. “This acquisition allows us to further differentiate Verigy from other automated test equipment suppliers by offering a completely integrated solution which leverages our proven system-on-chip (SoC) and memory test platforms with a best-in-class, time-to-yield solution for semiconductor manufacturing.”
The combined solution bridges the gap between electronic design automation (EDA) and test, enabling reduced debug time and yield acceleration for semiconductor design and production. The definitive agreement to acquire Inovys was announced on Dec. 6, 2007.
Contact:
Verigy
Emily Taylor
http://www.verigy.com
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