Advantest Corp. and Verigy Ltd. have announced that they have entered into a definitive agreement under which Advantest will acquire all outstanding Verigy ordinary shares for $15.00 per share in cash.

The total acquisition price will be approximately $1.1 billion.

In logic ATE, Advantest sells the T2000, which has been a disappointment outside of Intel. In the same market, Verigy sells the 93000, which is getting long in the tooth. For now, Advantest will support both the T2000 and 93000.  

Advantest and Verigy also sell memory testers. Advantest is strong in DRAM and flash. Verigy is strong in flash.

By: DocMemory
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