Add-on Acquisition • Technology Hardware

Chroma ATE Acquires Environmental Stress Systems

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

Acquisition Context

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.

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M&A Deal Summary
Date	January 17, 2022
Target	Environmental Stress Systems
Sector	Technology Hardware
Buyer(s)	Chroma ATE
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Technology Hardware	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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