Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that it has acquired MCT Worldwide, LLC (“MCT”), a leading provider of semiconductor test handler automation equipment.
MCT becomes part of Cohu’s test handler group, adding strip, film-frame and laser marking to Cohu’s product portfolio, and critical technologies that will accelerate development into the growing advanced package test market. The acquisition is expected to be neutral to Cohu’s near-term financial results and projected to be accretive beginning in 2024 after realizing operating synergies.
“I am happy to welcome MCT and its employees to the Cohu family. This acquisition provides an opportunity to expand our addressable market with film-frame test and laser marking equipment,” said Cohu President and CEO Luis Müller. “Moving forward, we expect to draw upon our combined technologies and expertise to develop new test automation solutions for advanced packages in panel test.”
