| K&S Completes Alphasem Acquisition |
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| Written by Mike Buetow | |||
| Monday, 06 November 2006 06:53 | |||
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FORT WASHINGTON, PA — Kulicke & Soffa Industries Inc. today closed the previously announced purchase of die bonder equipment maker Alphasem. K&S paid a $27.1 million in cash for the former Dover Technologies unit. K&S chairman and chief executive Scott Kulicke said, “We had identified die bonding equipment as a natural growth path for K&S. The Alphasem purchase is the most attractive way for us to enter that market. According to the most recent VLSI Research market data report, Alphasem held a 10% share of the $520 million die bonder market in calendar 2005. Alphasem had sales of approximately $60 million in 2005 for die bonders, related materials and services, and employs 260 workers.
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