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IDE offloads wafer sorter & packer lines to Ricmar Technology |
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Jun 07, 2007 at 02:17 PM |
Integrated Dynamics Engineering (IDE) has sold its complete wafer packers and wafer sorter product lines to Ricmar Technology, based in Austria, in a move designed to focus company resources on expanding its semiconductor OEM critical components and sub-systems business. Financial details of the transaction have not been disclosed.
"Although we have enjoyed tremendous growth with our wafer packer and sorter product line over the past four years, IDE had to decide between being an end user or an OEM-focused company," stated Peter Heiland, IDE President. "Being both, we felt, diluted our primary strength. This sale of our end user products now allows us to concentrate all our energy on our critical OEM customers."
Ricmar has been quietly building a range of products via acquisitions to service chip manufacturers with sputtering systems, deposition equipment and automation systems for front- and back-end applications.
"The former IDE wafer packer and wafer sorter product lines merge perfectly with the proven product array now in the Ricmar Group. For our current and future customers, it is a win-win situation, concentrating more of what they need in one convenient source, the Ricmar network."
Ricmar plans to manufacture the wafer packer and sorter systems in Austria under the Ricmar brand. Ricmar will also take over servicing existing IDE wafer packer and wafer sorter customers through Ricmar offices in the U.S. and Europe. All previous IDE warrantees and agreements will be honored in these product lines, the company said.
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