Add-on Acquisition • Packaging

AEHR Acquires Incal Technology

On July 16, 2024, AEHR acquired packaging company Incal Technology

Acquisition Context

This is AEHR’s 1st transaction in the Packaging sector.
This is AEHR’s 1st transaction in the United States.
This is AEHR’s 1st transaction in California.

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M&A Deal Summary
Date	July 16, 2024
Target	Incal Technology
Sector	Packaging
Buyer(s)	AEHR
Deal Type	Add-on Acquisition

Target Company

Incal Technology

Fremont, California, United States

Incal Technology is a manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers. Incal Technology was founded in 1988 and is based in Fremont, California.

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Buyer Overview 1

Buyer

AEHR

Fremont, California, United States

Category	Company
Founded	1977
Sector	Test/Measurement Equipment
Employees	115
Revenue	66M USD (2024)

DESCRIPTION

AEHR is a provider of test systems for burning-in and testing logic and memory integrated circuits with an installed base of more than 2,500 systems worldwide. AEHR was founded in 1977 and is based in Fremont, California.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Packaging	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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