Verigy
| Type | Wholly owned subsidiary of Advantest |
|---|---|
| Industry | Semiconductor Test Solutions |
| Founded | 2006(from Agilent) |
| Revenue | US $0.539 billion (FY2010)[1] |
| Website | www.Verigy.com |
Verigy Ltd is an Advantest Group company in the semiconductor automatic test equipment business. It was spun off from Agilent Technologies in 2006. On July 4, 2011 the company announced that Advantest Corporation (NYSE: ATE, TYO: 6857) completed its acquisition of Verigy.
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[edit] History
Verigy designs, develops, manufactures, sells and services advanced semiconductor test systems and solutions for the flash memory, high-speed memory and system-on-chip (SoC) markets. Verigy’s products are used worldwide in design validation, characterization, and high-volume manufacturing test. The company began doing business as Verigy on June 1, 2006 with its global headquarters located in Singapore.
On December 6, 2007 Verigy announced the acquisition of Inovys, a privately held company that provides innovative solutions for design debug, failure analysis and yield acceleration for complex semiconductor devices and processes.
On June 15, 2009 Verigy acquired Touchdown Technologies, a privately held company that designs, manufactures, and supports advanced Microelectromechanical systems probe cards to support the wafer test needs of semiconductor manufacturers worldwide.
On November 18, 2010 Verigy announced its intent to merge with LTX-Credence.
Advantest announced that it planned to acquire Verigy in March 2011, topping LTX-Credence's bid[2].
On July 4, 2011 Verigy announced that Advantest Corporation (NYSE: ATE, TYO: 6857) completed its acquisition of Verigy in an all-cash transaction, estimated to be approximately $1.1 billion. Trading of Verigy ordinary shares has been suspended subsequently.
[edit] Products
The main test system platforms offered by Verigy are:
- V101 for the low-cost IC market
- V6000 for the flash and DRAM memory market
- V93000 for the SoC/SiP market
- V93000 HSM for the high-speed memory market
In addition it offers software solutions for design debug, failure analysis and yield acceleration.
[edit] Market Listing
Verigy announced its initial public offering of 8.5 million shares of common stock on 2006-06-13, priced at $15.00 per share, and is listed on the NASDAQ National Market under the ticker symbol VRGY. Agilent spun off the remaining Verigy stock to its shareholders on 2006-11-01.
[edit] Competition
Verigy's principal competitors in the ATE business are:
