Acquisitions · Semiconductor equipment (robots)
Sumitomo Heavy buys wafer-handling robot maker Persimmon Technologies
- Buyer
- Sumitomo Heavy Industries (Tokyo)
- Target
- Persimmon Technologies, Wakefield, Massachusetts
- Value
- About ¥3.6B
- Status
- Completed in 2017.
- Date
- 2017-02-27
Sumitomo Heavy Industries bought Persimmon Technologies of Wakefield, Massachusetts, which makes robots that move silicon wafers inside vacuum chambers of chipmaking tools. The price was about ¥3.6 billion.
Why it matters
The deal adds vacuum robot technology to Sumitomo Heavy's precision equipment business serving chipmakers.
Sources
Kakehashi M&A News home