M&A Deal Summary

Electro Scientific Industries Acquires Chip Star

On July 1, 1997, Electro Scientific Industries acquired electronics company Chip Star

Acquisition Highlights
  • This is Electro Scientific Industries’ 1st transaction in the Electronics sector.
  • This is Electro Scientific Industries’ 2nd transaction in the United States.
  • This is Electro Scientific Industries’ 1st transaction in Oregon.

M&A Deal Summary

Date 1997-07-01
Target Chip Star
Sector Electronics
Buyer(s) Electro Scientific Industries
Deal Type Add-on Acquisition

Target

Chip Star

Portland, Oregon, United States
Chip Star, Inc. is an electronics manufacturer.

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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 2 of 8
Sector (Electronics) 1 of 4
Type (Add-on Acquisition) 2 of 7
State (Oregon) 1 of 1
Country (United States) 2 of 6
Year (1997) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-10 Dynamotion

Santa Ana, California, United States

Dynamotion Corp. is a producer of drilling and routing systems.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-12-02 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.

Buy -