Add-on Acquisition • Semiconductors

Implant Sciences Acquires Core Systems

On October 14, 2004, Implant Sciences acquired semiconductors company Core Systems for 2M USD

Acquisition Context
  • This is Implant Sciences’ 1st transaction in the Semiconductors sector.
  • This is Implant Sciences’ 2nd largest (disclosed) transaction.
  • This is Implant Sciences’ 1st transaction in the United States.
  • This is Implant Sciences’ 1st transaction in California.

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M&A Deal Summary

Date October 14, 2004
Target Core Systems
Sector Semiconductors
Buyer(s) Implant Sciences
Deal Type Add-on Acquisition
Deal Value 2M USD

Target Company

Core Systems

Fremont, California, United States
Core Systems, Inc. is a private semiconductor wafer processing company, products include Krytek 300, an ion source conditioner that offers one-step conditioning and testing to improve implanter performance and save valuable implanter time; and used NV-10 parts.
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Buyer Overview 1

Buyer

Implant Sciences

Wilmington, Massachusetts, United States

Category Company
Founded 1984
Sector Test/Measurement Equipment
Employees75
Revenue 13M USD (2015)
DESCRIPTION

Implant Sciences Corp. designs, manufactures, and sells explosives trace detection (ETD) and drugs trace detection solutions for multiple security applications including aviation, transportation, customs, air cargo, critical infrastructure protection, ports and borders, force protection, public safety, and emergency responders.


Deal Context for Buyer #
Overall 1 of 4
Sector: Semiconductors 1 of 2
Type: Add-on Acquisition 1 of 4
State: California 1 of 3
Country: United States 1 of 3
Year: 2004 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-10 Accurel Systems International

Sunnyvale, California, United States

Accurel is a commercial laboratory specializing in Failure Analysis Microscopy, Transmission Electron Microscopy and Focused Ion Beam Circuit Repair Services. Implant's management believes that Accurel, with over ten years of service history, has established a reputation as one of the recognized service and technology leaders for companies lacking these in-house capabilities.

Buy $11M