MPI America Acquires Celadon Systems

August 26, 2021

MPI America Inc., a wholly owned subsidiary of MPI Corporation (Taiwan), has entered into a definitive agreement to acquire Celadon Systems Inc., a Burnsville, Minnesota-based maker of ultra-high performance semiconductor test probe cards. The acquisition, announced August 26, 2021, is intended to expand MPI's wafer-test capabilities and combine Celadon's probe-card technology and talent with MPI's global semiconductor test portfolio; the deal was expected to close in early September 2021, subject to customary conditions.

Buyers
MPI America Inc., MPI Corporation
Targets
Celadon Systems Inc.
Sellers
Bryan Root, Valerie Root
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Buyout

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