Advantest Completes Integration of Verigy
April 5, 2012. Advantest has announced the successful completion of integration activities relating to its acquisition of Verigy Ltd. in July 2011. Operating as a wholly-owned subsidiary until April 1, all legal entities of the former ATE company have now been assimilated into the Advantest structure, enabling the global organization to move forward under a unified Advantest brand, with a singular mission to serve customers with products and services that set the standard for the industry.
The new, fully integrated corporate structure offers a set of test solutions for both memory and SOC device development and production, as well as global application, field, and sales engineering services. With financial strength and R&D centers worldwide—Japan, U.S., Europe, and China—to enable a rapid rate of innovation, Advantest is fully committed to continuing its history of delivering products and technology that anticipate and outpace the market.
Furthermore, with sales and service operations in 18 countries and production facilities in Japan, Malaysia, South Korea, the U.S., Taiwan, and China, Advantest is now better able to meet demands locally, and across its diverse, global customer base.
April 1 also marks the launch of Advantest’s new ACT2014 program, a set of mid-term management goals for the company targeted at increased sales and operating margins, and a combined tester and handler market share of 50% or more. The entire Advantest Group will work as one to meet these mid-term goals by 2014. ACT2014 is designed to increase the company’s competitiveness in the tester market with expanded tester-related businesses including device interface products and services, and a reach into new businesses, including nanotechnology, RF measurement instruments, terahertz spectroscopic imaging analysis systems, and MEMS relay and healthcare applications. Through these efforts Advantest expects to achieve long-term growth and stability.
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