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Galaxy to acquire Quantix from Mentor
Posted on Monday, 29 June 2020 09:29
Galaxy Semiconductor announced it is buying the assets of Quantix from US-based Mentor Graphics, a subsidiary of Siemens.
While no financial details have been disclosed, the transaction is due to complete in the next few weeks.
The acquisition will allow Galaxy to re-establish itself as the premier independent provider of test data management and analysis services for the semiconductor industry.
As a result of the deal, the company will pick up several products from Mentor, including the group’s suite of software technologies, which is used by customers across the computer hardware, telecommunications, automotive and medical devices industries, among others.
The vendor’s Examinator and Examinator Pro technology allows engineers to analyse manufacturing yield and device performance compared to specifications.
Furthermore, its PAT Man software employs statistical methods and algorithms to identify semiconductor tools which may be at a higher risk of operational failure.
Philippe Lejeune, chief technology officer of the newly formed company, said: “I’m looking forward to leading this great team to design and build amazing new products that address difficult technical challenges such as yield optimisation, device characterisation, and reliability improvement.”
Formed in 1998, Galaxy provides test data analysis and defect reduction software for customers in the semiconductor industry.
Its offerings are used by over 7,500 clients worldwide and help to improve device yields, while enhancing engineering productivity.
According to Zephyr, the M&A database published by Bureau van Dijk, there have been 433 deals targeting computer systems design services providers announced globally in 2020 to date.
In the most valuable of these, China’s Unisplendour announced plans to raise CNY 12.00 billion (USD 1.69 billion) through a private placement.
This was followed by Dedalus Holding agreeing to acquire Agfa Gevaert’s Belgium-based information technology business HealthCare for EUR 975.00 million.
Other companies targeted in this sector include Wingtech Technology, Berkshire Grey and Netcompany Group.
© Zephus Ltd