News Article
Kulicke & Soffa close purchase of Alphasem
Kulicke & Soffa Industries, Inc. have closed the previously announced purchase of Alphasem from Dover Technologies International, Inc., a subsidiary of Dover Corporation.
The purchase price was $27.1 million in cash. Scott Kulicke, K&S chairman and chief executive officer, commented on the acquisition, "We had identified die bonding equipment as a natural growth path for K&S. The Alphasem purchase is the most attractive way for us to enter that market. Alphasem has good position in the die bonder market, serving a wide range of applications." He concluded, "This acquisition is a step forward in our strategy to extend our core products and technologies. K&S is enthusiastic about entering the die bonder market. We believe this acquisition will bring real value to the Company as we expand the K&S role in the semiconductor assembly process."
