M&A Deal Summary

RoseStreet Labs Acquires FlipChip International

On February 10, 2004, RoseStreet Labs acquired semiconductors company FlipChip International from Kulicke & Soffa and Delco Electronics

Acquisition Highlights
  • This is RoseStreet Labs’ 1st transaction in the Semiconductors sector.
  • This is RoseStreet Labs’ 1st transaction in the United States.
  • This is RoseStreet Labs’ 1st transaction in Arizona.
Investment Fate
  • FlipChip International was divested to a consortium of strategic buyers in 2015.

M&A Deal Summary

Date 2004-02-10
Target FlipChip International
Sector Semiconductors
Buyer(s) RoseStreet Labs
Sellers(s) Kulicke & Soffa
Delco Electronics
Deal Type Divestiture

Target

FlipChip International

Phoenix, Arizona, United States
FlipChip International LLC is a provider of bumping and Wafer Level Packaging.

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Buyer(S) 1

Buyer

RoseStreet Labs

Phoenix, Arizona, United States

Category Company
Founded 2003
Sector Semiconductors
DESCRIPTION

RSL manufactures of semiconductor wafer level packaging, photovoltaics, LED lighting and life sciences with strategic investments, intellectual property development, and the formation of three Joint Ventures.


DEAL STATS #
Overall 1 of 1
Sector: Semiconductors M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 FlipChip International

Phoenix, Arizona, United States

FlipChip International LLC is a provider of bumping and Wafer Level Packaging.

Sell -

Seller(S) 2

SELLER

Kulicke & Soffa

Washington, Pennsylvania, United States

Category Company
Founded 1951
Sector Semiconductors
Employees2,677
Revenue 706M USD (2024)
DESCRIPTION

Kulicke & Soffa is a designer and manufacturer of semiconductor assembly equipment. Kulicke and Soffa Industries was founded in 1951 and is based in Washington, Pennsylvania.


DEAL STATS #
Overall 1 of 3
Sector: Semiconductors M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 Probe Technology

San Jose, California, United States

Probe Technology manufactures testing products for the microprocessor and telecommunications industries. The company offers a full line of probe cards and specializes in small pad and pitch requirement, high pin count and multi-die probe cards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-26 K&S Wafer Test Assets

United States

Sell $10M
SELLER

Delco Electronics

Oak Creek, Wisconsin, United States

Category Company
Sector Semiconductors
DESCRIPTION

Delco Electronics Corp. is a manufactures of Integrated circuits of advanced wafer level packaging solutions.


DEAL STATS #
Overall 1 of 1
Sector: Semiconductors M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 FlipChip International

Phoenix, Arizona, United States

FlipChip International LLC is a provider of bumping and Wafer Level Packaging.

Buy -