M&A Deal Summary

Cohu Acquires MCT

On January 30, 2023, Cohu acquired test/measurement equipment company MCT

Acquisition Highlights
  • This is Cohu’s 3rd transaction in the Test/Measurement Equipment sector.
  • This is Cohu’s 5th transaction in the United States.
  • This is Cohu’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2023-01-30
Target MCT
Sector Test/Measurement Equipment
Buyer(s) Cohu
Deal Type Add-on Acquisition

Target

MCT

Minneapolis, Minnesota, United States
MCT is a provider of semiconductor test handler automation equipment for use worldwide. Its mission is to reduce the cost of testing while increasing yields, and improving clients' bottom lines. Furthermore, the company looks to leverage its expertise in automation, robotics, and machine learning to provide solutions across the semiconductor and electronics manufacturing and test process. Formed in 1972, MCT was headquartered in Minneapolis, Minnesota with an Operations Center in Penang, Malaysia, and team members located across North America, Asia, and Europe

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cohu

Poway, California, United States
Category Company
Founded 1947
Sector Test/Measurement Equipment
Employees3,191
Revenue 636M USD (2023)
DESCRIPTION

Cohu is a provider of test handling, thermal subsystems, package inspection, contactors and MEMS test equipment solutions used by the semiconductor industry. Cohu was founded in 1947 and is based in Poway, California.

DEAL STATS #
Overall 8 of 9
Sector (Test/Measurement Equipment) 3 of 4
Type (Add-on Acquisition) 5 of 6
State (Minnesota) 1 of 1
Country (United States) 5 of 5
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-10 atg Luther & Maelzer

Wertheim, Germany

atg Luther & Maelzer produces and sells advanced equipment that tests, measures, and verifies PCBs and substrate. atg Luther & Maelzer's leading position is built on the proprietary technology for Flying Probe Test (FPT) Systems and Grid Test Systems. atg Luther & Maelzer was founded in 1972 and is based in Wertheim, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 EQT Equiptest Engineering

Singapore, Singapore

EQT Equiptest Engineering provides semiconductor test contactors and other consumables by leveraging its experience in integrating emerging applications to meet customers’ stringent requirements. EQT Equiptest Engineering was formed in 2001 and is based in Singapore.

Buy -
Mergr

Product

Company

Legal