Verigy Signs Agreement to Acquire Inovys to Offer Best-in-Class Time-to-Yield for Semiconductor Manufacturing
CUPERTINO, CA, Dec. 6, 2007
Verigy (NASDAQ: VRGY), a semiconductor test company, and Inovys have signed an agreement for Verigy to acquire Inovys. Inovys, privately held, provides innovative solutions for design debug, failure analysis, and yield acceleration for complex semiconductor devices and processes. Financial details were not disclosed. The acquisition is expected to be final in 30 to 60 days, subject to certain closing conditions.
This acquisition enables Verigy to offer a best-in-class, integrated time-to-yield solution for semiconductor manufacturers. Inovys’ products bridge the gap between electronic design automation (EDA) and test, providing a seamless path between design and production. Inovys has created a comprehensive test suite that enables semiconductor companies to reduce design debug from weeks to hours, lower production test costs by a factor of up to three, and support real-time yield enhancements with unique failure analysis tools. Inovys tools combined with Verigy’s V93000 SOC Test Platform have shown tremendous economic benefits in a recent customer experience.
“Time-to-entitled-yield becomes a critical metric that places the focus squarely on test,” said Keith Barnes, chairman, CEO and president of Verigy. “The V93000 System combined with Inovys’ design-for-test and design-for-manufacturing tools have demonstrated significant time-to-yield value for Verigy customers.”
“Joining forces with Verigy will expand Inovys’ reach and accelerate our ability to develop solutions at the crossroads of design, manufacturing, and yield metrology,” said Paul Sakamoto, Inovys’ CEO. “Together we bridge the gap between design validation/silicon debug and high-volume manufacturing. We are excited to have found a company with such a complementary culture, product line, commitment to customer satisfaction, and vision.”
Inovys was established in 1999. Despite its relatively small size, it has garnered a substantial customer base of more than 50 customers representing integrated device manufacturers (IDMs), fabless, outsource semiconductor assembly and test (OSAT), and foundry companies which are a good complement to Verigy’s customer base.
Inovys earned the top spot in the VLSI Research 2007 10 BEST Test Equipment Award for Customer Satisfaction and the Technology Innovation Showcase Award for its YieldVision Software at SEMICON West in July 2007.
About Inovys
Inovys provides innovative yield enhancement, failure analysis, and design debug solutions for the semiconductor industry. Inovys customers include integrated device manufacturers, fabless companies, and foundry and test subcontractors.
www.inovys.com
About Verigy
Verigy designs, develops, manufactures, sells, and services test systems and solutions for the memory and system-on-chip segments of the semiconductor industry. Verigy’s scalable platform systems are used by semiconductor companies worldwide in design validation, characterization, and high-volume manufacturing test. Formerly part of Agilent Technologies, the company began doing business as Verigy in 2006.
www.verigy.com