News Article
Credence Buys SZ
Credence Systems has acquired all of the assets of German mixed-signal IC
test system producer SZ Testsysteme for a total of $4.7mn. Credence now
owns SZ Testsystemes portfolio of automatic test equipment (ATE), which
is primarily focused on the advanced analogue, power, automotive and
communications markets.
Credence Systems has acquired all of the assets of German mixed-signal IC test system producer SZ Testsysteme for a total of $4.7mn. Credence now owns SZ Testsystemes portfolio of automatic test equipment (ATE), which is primarily focused on the advanced analogue, power, automotive and communications markets. A particular focus for SZ has been the automotive industry. The Credence-SZ business will operate as a division of Credence and will continue to develop, manufacture and support test systems from a facility located in Amerang, Germany. Credence will also integrate all sales, service and applications support into its worldwide distribution network.