ESI acquires Semiconductor Systems business of GSI Group

April 12, 2013
The Semiconductor Systems business provides products for laser marking and trimming of semiconductor wafers and hybrid circuits.

Portland, OR - Electro Scientific Industries Inc., a supplier of laser-based manufacturing solutions for smart consumer electronics and other microtechnology industries, has signed a definitive agreement to acquire the Semiconductor Systems business of GSI Group Inc., a supplier of precision photonics, laser-based solutions, and precision motion devices to the medical, industrial, scientific, and electronics markets.

Based in Bedford, MA, the Semiconductor Systems business provides products in laser marking and trimming of semiconductor wafers and hybrid circuits. The parties expect the transaction to close within 30 days.

The acquisition brings together two of the leading providers of laser manufacturing systems serving the semiconductor industry. With decades of experience, both ESI and Semiconductor Systems are technological leaders in laser-based wafer processing. The Semiconductor Systems' wafer marking products are positioned to capitalize on the industry-wide transition to 450mm wafer diameters and are complementary to ESI’s commitment to enabling 3D semiconductor packaging.

This acquisition will add approximately $20-30 million of annual revenue to ESI. It is expected to add $0.05 to $0.10 to non-GAAP earnings per share in the first year.

About the Author

Industrial Laser Solutions Editors

We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editors Note: Industrial Laser Solutions has folded as a brand and is now part of Laser Focus World, effective in 2022.)

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