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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