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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