M&A Deal Summary |
|
|---|---|
| Date | 2015-01-28 |
| Target | Microprocess Spin Rinse Dryer and Spray Solvent Tool Segment |
| Sector | Machinery |
| Buyer(s) | ClassOne Technology |
| Sellers(s) | Microprocess Technologies |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Semiconductors |
ClassOne Technology is a provider of quality refurbished equipment to the semiconductor manufacturing, MEMs, and emerging technologies markets. ClassOne Technology designs and manufactures new advanced wet-chemical process tools electroplating tools, spray solvent tools and spin rinse dryers-- especially for the cost-sensitive producers of MEMs, power devices, RF, LEDs, and phototonics, among others. ClassOne Technology was established in 2013 and is based in Kalispell, Montana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
Microprocess is a manufacturer and seller of semiconductor processing systems and parts. Formed in 2002, the company grew out of the partnership of Charles Brown and James Trinkle, two past executives of Rhetech and longtime veterans of the semiconductor industry.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Machinery) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
