M&A Deal Summary

MPI Corp Acquires Celadon Systems

On August 26, 2021, MPI Corp acquired semiconductors company Celadon Systems

Acquisition Highlights
  • This is MPI Corp’s 1st transaction in the Semiconductors sector.
  • This is MPI Corp’s 1st transaction in the United States.
  • This is MPI Corp’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-08-26
Target Celadon Systems
Sector Semiconductors
Buyer(s) MPI Corp
Deal Type Add-on Acquisition

Target

Celadon Systems

Burnsville, Minnesota, United States
Celadon Systems is focused on the design and manufacturing of advanced probe card solutions and high-performance cables. The company is a global leader in parametric test, wafer-level reliability, modeling, characterization, cryogenic applications, and high-power probe cards for the semiconductor industry. As an on-wafer probing solutions provider, Celadon's reputation for delivering ultra-high performance probe cards that thrive in extreme temperatures is unparalleled. Celadon seeks to enrich the lives of customers, employees, and community partners by offering a challenging, inspiring, and empowering environment that drives strong and profitable growth. Celadon Systems was formed in 1997 and is based in Burnsville, Minnesota.

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Buyer(S) 1

Buyer

MPI Corp

Hsinchu, Taiwan
Category Company
Founded 1995
Sector Semiconductors
DESCRIPTION

MPI Corp is a provider of Semiconductor, Light Emitting Diode (LED), Photo Detectors, Lasers, Materials Research, Aerospace, Automotive, Fiber Optic, Electronic Components and more. MPI's four main business sectors include Probe Card, Photonics Automation, Advanced Semiconductor Test and Thermal Divisions. MPI products range from various advanced probe card technologies, probers, testers, material handlers, inspection, and thermal air systems. Many of these products are accompanied by state-of-the-art Calibration and Test & Measurement software suites. The diversification of product portfolio and industries allows a healthy environment for employee growth and retention. Cross-pollination of product technologies allows each new innovation to provide differentiation in areas that are meaningful to our precious customer base. MPI Corp was formed in 1995 and is based in Hsinchu, Taiwan.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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