Verigy Completes the Acquisition of Inovys
CUPERTINO, CA, January 7, 2008
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 of Verigy. “This acquisition allows us to further differentiate Verigy from other ATE 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.
About Verigy
Verigy designs, develops, manufactures, sells, and services advanced test systems and solutions for the memory and system-on-chip segments of the semiconductor industry. Verigy’s scalable platform systems are used by leading semiconductor companies worldwide in design validation, characterization, and high-volume manufacturing test. Formerly part of Agilent Technologies, the company began doing business as Verigy on June 1, 2006. Information about Verigy can be found at
www.verigy.com .