M&A Deal Summary

Chroma ATE Acquires Environmental Stress Systems

On January 17, 2022, Chroma ATE acquired technology hardware company Environmental Stress Systems

Acquisition Highlights
  • This is Chroma ATE’s 1st transaction in the Technology Hardware sector.
  • This is Chroma ATE’s 1st transaction in the United States.
  • This is Chroma ATE’s 1st transaction in California.

M&A Deal Summary

Date 2022-01-17
Target Environmental Stress Systems
Sector Technology Hardware
Buyer(s) Chroma ATE
Deal Type Add-on Acquisition

Target

Environmental Stress Systems

Sonora, California, United States
Environmental Stress Systems is a provider of thermal platforms, space simulation thermal chambers, cascade condensers, and liquid recirculating chillers, which adopt high-power cryogenic cooling to support emerging applications. Environmental Stress Systems was founded in 1989 and is based in Sonora, California.

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Buyer(S) 1

Buyer

Chroma ATE

Taoyuan City, Taiwan

Category Company
Founded 1984
Sector Test/Measurement Equipment
DESCRIPTION

Chroma ATE is a supplier of precision test and measurement instrumentation, automated test systems, intelligent manufacturing systems, and test & automation turnkey solutions marketed globally under the brand name "Chroma". Chroma ATE was founded in 1984 and is based in Taoyuan City, Taiwan.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1