M&A Deal Summary

Electro Scientific Industries Acquires Applied Intelligent Systems

On December 2, 1997, Electro Scientific Industries acquired machinery company Applied Intelligent Systems

Acquisition Highlights
  • This is Electro Scientific Industries’ 2nd transaction in the Machinery sector.
  • This is Electro Scientific Industries’ 3rd transaction in the United States.
  • This is Electro Scientific Industries’ 1st transaction in Michigan.

M&A Deal Summary

Date 1997-12-02
Target Applied Intelligent Systems
Sector Machinery
Buyer(s) Electro Scientific Industries
Deal Type Add-on Acquisition

Target

Applied Intelligent Systems

Ann Arbor, Michigan, United States
Applied Intelligent Systems, Inc. is a provider of machine vision solutions for automated process control and visual inspection to the semiconductor and electronics industries.

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Buyer(S) 1

Buyer

Electro Scientific Industries

Portland, Oregon, United States

Category Company
Founded 1944
Sector Semiconductors
Employees651
Revenue 159M USD (2015)
DESCRIPTION

Electro Scientific Industries, Inc. is a provider of laser-based manufacturing solutions for the microtechnology industry worldwide. Its laser systems enable precise structuring of micron to submicron features in components and devices, which are used in various end products in the consumer electronics, computer, communications, and other markets. Electro Scientific Industries was founded in 1944 and is based in Portland, Oregon.


DEAL STATS #
Overall 3 of 8
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 3 of 7
State (Michigan) 1 of 1
Country (United States) 3 of 6
Year (1997) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-01 Chip Star

Portland, Oregon, United States

Chip Star, Inc. is an electronics manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-15 Testec

Phoenix, Arizona, United States

Testec Corp. is an electronic component systems manufacturer.

Buy -