The combined company will be able to provide test solutions and services for the Semiconductor and Printed Circuit Board markets—redefining the Test Cell by assembling technology from three market-leading companies.
Expanding the Plug & Yield solution to the entire semiconductor test cell, and increase the total addressable market of the combined company to $5bn. LTX says it will continue to develop market-leading products for the markets it serves and look to increase efficiency, accelerate the time to high-volume production and reduce costs within the wafer sort and final test cells
The deal should close in November 2013, pending regulatory approval.