ASMPT announces agreement to acquire AEi to offer automated and scalable end-to-end camera module assembly
The acquisition of AEi is in line with ASMPT's strategy of pursuing long-term, profitable growth through expansion into promising adjacent markets
According to an official press release dated 30 September, ASM PACIFIC TECHNOLOGY LIMITED and Mycronic Group signed a definitive agreement under which ASMPT will acquire Mycronic's subsidiary Automation Engineering, Inc. ('AEi') in an all-cash transaction.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here