Dublin, Ireland
Evans Analytical Group ("EAG"), a leading global provider of materials characterization and microelectronic failure analysis ("FA") and "release to production" ("RTP") services, announced that it has acquired DSL Labs Inc. ("DSL").
Founded in 2003, DSL is a leading provider of microelectronics "release to production" services, including automated testing, reliability and qualification testing, failure analysis and probe card design. DSL also provides complementary test engineering services, such as test program development, program conversion and optimization, wafer sort and final test production. In addition, DSL is a major provider of reliability and qualification testing services, helping fabless semiconductor companies ensure proper integrated circuit design, package assembly and device integrity by performing electrical stress, thermal stress and mechanical stress tests to identify the occurrence of failures and their severity. DSL has 80 employees and is located in Fremont and San Diego, California.
David Lahar, Executive Chairman of EAG, said, "The acquisition of DSL is a further step towards achieving EAG's strategic plan of becoming the leading supplier of an integrated package of RTP services. The acquisition of DSL establishes EAG as the largest company in the worldwide RTP/FA industry, significantly expanding the range of testing services that we can provide to the semiconductor and electronics industry. DSL allows EAG to expand into automated test services and significantly enhances EAG's position in the qualification and reliability testing services market. Furthermore, DSL's capabilities directly complement the services provided by EAG's AMER, Accurel and MEFAS operations, which will lead to important cross-selling opportunities. We continue to focus on building the leading global provider of RTP/FA services and expect to announce further acquisitions in this area before the end of the fiscal year."
DSL's CEO John Keyashian added: "We are excited by EAG's commitment to building a global leadership position in RTP/FA services, offering the complete range of testing, failure analysis and reliability/qualification services. I look forward to the opportunity to join the EAG management team and leverage the capabilities of the other EAG operations as well as their worldwide network. Our customers - both fabless semiconductor companies and their foundry partners - have clearly indicated that they are seeking a single supplier solution. The combination of DSL, Accurel, AMER and MEFAS meets these customer needs and offers companies a single, well-capitalized supplier of the full range of failure analysis and reliability testing services on a worldwide basis."
About Evans Analytical Group
Founded in 1978, Evans Analytical Group (EAG) is a leading international provider of materials characterization and microelectronic failure analysis ("FA") and "release to production" ("RTP") services. EAG's services are a critical enabling component in research and development, manufacturing, and sales support functions, and are used broadly in developing new processes or materials, transferring them to production, developing and qualifying new production tools, and solving manufacturing yield problems. EAG has more than 2,500 customers in a broad range of end-user market segments, including semiconductor capital equipment, electronic materials, specialty metals and alloys, semiconductor fabrication, photovoltaic materials, biomedical, pharmaceutical, and aerospace and defense. Headquartered in Dublin, Ireland with administrative offices in Sunnyvale, California, EAG has analytical facilities in Arizona, California (7), Massachusetts, Minnesota, New Jersey, New York, North Carolina, Texas, China, France, Germany, Japan, Taiwan, and the United Kingdom as well as sales/support offices in South Korea, and Singapore. (www.eaglabs.com)
FORWARD-LOOKING STATEMENTS
Statements contained in this Press Release that are not historical facts may be "forward-looking" statements as the term is defined in the Private Securities Litigation Reform Act of 1995. To identify these forward-looking statements look for words like "believes," "expects," "may," "should," "seeks," "intends," "plans," "projects," "estimates," or "anticipates" and similar words or phrases. These, and all forward-looking statements, are based on current expectations and necessarily are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors which include, but are not limited to, our ability to achieve our objectives and the ability to maintain and consolidate our leading global market position. We caution readers not to rely on forward-looking statements, and we disclaim any intent or obligation to update these forward-looking statements.
Source: Business Wire (Business Wire India)