Aehr Test Systems Acquires Incal Technology

July 16, 2024

Aehr Test Systems has entered into a stock purchase agreement to acquire all outstanding capital stock of Incal Technology, Inc., a Fremont, California-based manufacturer of packaged-part reliability and burn-in test solutions. The $21 million transaction (approximately $14M cash and Aehr stock) expands Aehr's product portfolio with Incal's ultra-high-power packaged-part test capabilities, positioning Aehr to pursue growth in the AI, GPU and HPC semiconductor test market.

Buyers
Aehr Test Systems
Targets
Incal Technology, Inc.
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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