M&A Deal Summary

Amkor Technology Acquires Citizen Watch - Assembly Business

On January 24, 2002, Amkor Technology acquired semiconductors company Citizen Watch - Assembly Business from Citizen Watch Co.

Acquisition Highlights
  • This is Amkor Technology’s 5th transaction in the Semiconductors sector.
  • This is Amkor Technology’s 2nd transaction in Japan.

M&A Deal Summary

Date 2002-01-24
Target Citizen Watch - Assembly Business
Sector Semiconductors
Buyer(s) Amkor Technology
Sellers(s) Citizen Watch Co.
Deal Type Divestiture

Target

Citizen Watch - Assembly Business

Japan
Citizen Watch - Assembly Business operates as a third party subcontractor, providing advanced IC packaging for a broad range of Japanese semiconductor companies.

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Buyer(S) 1

Buyer

Amkor Technology

Tempe, Arizona, United States

Category Company
Founded 1968
Sector Test/Measurement Equipment
Employees28,300
Revenue 6.3B USD (2024)
DESCRIPTION

Amkor Technology is a provider of contract semiconductor assembly and test services. Amcor's packaging and test services are designed to meet application and chip specific requirements including the type of interconnect technology employed; size; thickness and electrical, mechanical and thermal performance. The Company is able to provide turnkey packaging and test services including semiconductor wafer bump, wafer probe, wafer backgrind, package design, packaging, test and drop shipment services. Amkor Technology was incorporated in 1968 and is based in Tempe, Arizona.


DEAL STATS #
Overall 5 of 9
Sector: Semiconductors M&A 5 of 9
Type: Divestiture M&A Deals 2 of 3
Country: Japan M&A 2 of 3
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-07 Taiwan Semiconductor Technology

Linkou, Taiwan

Taiwan Semiconductor Technology Corp. is a manufacturer of semiconductor equipment for digital electronic applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-24 Unitive

Morrisville, North Carolina, United States

Unitive, Inc. is an independent developer of electroplated wafer bumping technology. Unitive also operates the industry's most advanced turnkey capability for wafer level chip packaging, providing an integrated suite of services, including design, wafer bumping, multi-layer redistribution, backgrind, dicing, probe, tape & reel, backside laminate & metallization and laser marking.

Buy -

Seller(S) 1

SELLER

Citizen Watch Co.

Tokyo, Japan

Category Company
Founded 1930
Sector Apparel/Textiles
DESCRIPTION

Citizen Watch Co., Ltd. is a manufacturer and seller of watches.


DEAL STATS #
Overall 1 of 1
Sector: Semiconductors M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-26 Frederique Constant S.A.

Genève, Switzerland

Frederique Constant S.A. is a manufacturer and seller of watches.

Buy -