It will team up with FormFactor to accelerate the development of innovative technology in semiconductor test and packaging while fostering FICT’s mid to long-term growth.“The semiconductor industry’s rapidly accelerating adoption of advanced packaging requires increased investment and stronger collaboration across the test and assembly supply chain,” said Mike Slessor, FormFactor’s CEO.“We’ve built a partnership with MBK, North Asia’s leading private equity firm, with a shared vision to enhance FICT’s long-term value by fully serving all of FICT’s existing and potential customers,” he added.
MBK Partners, the largest private equity firm in North Asia, will acquire a full stake in FICT Ltd., a semiconductor printed circuit board (PCB) and substrate-producing firm in Japan, for 100 billion yen ($656.3 million), betting big on cloud computing and artificial intelligent.FormFactor Inc., a Livermore, California-based semiconductor qualification and production test company, announced on Thursday that it will acquire FICT together with MBK from Advantage Partners Inc.
MAJOR PCB AND SUBSTRATE MAKER IN JAPAN Headquartered in Nagano, FICT develops and manufactures high-performance PCBs and substrates for semiconductor test equipment and information and communications technology (ICT) infrastructure, including supercomputers and data centers.
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