COHU - Mergers and acquisitions

Cohu, Inc. (NASDAQ:COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that it has acquired Equiptest Engineering Pte. Ltd. ("EQT"), a provider of semiconductor test contactors and other consumables with trailing twelve months revenue of approximately $20 million. EQT becomes part of Cohu's Interface Solutions Group, combining products and technologies to accelerate customer penetration. EQT also enhances Cohu's complex machining capabilities and manufacturing expertise, expands engineering capacity and customer presence. This acquisition is expected to be accretive to Cohu's fiscal 2024. "I am pleased to welc

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 emp