Camtek Agrees To Acquire FormFactor's FRT Metrology Business For $100M Cash
Portfolio Pulse from Benzinga Newsdesk
Camtek has agreed to acquire FormFactor's FRT Metrology business for $100 million in cash. The transaction is expected to close in Q4 2023, subject to customary closing conditions.
September 18, 2023 | 12:12 pm
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NEGATIVE IMPACT
FormFactor's sale of its FRT Metrology business to Camtek for $100 million could potentially impact its revenue stream and business focus.
The sale of the FRT Metrology business could potentially decrease FormFactor's revenue in the short term, which could negatively impact its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Camtek's acquisition of FormFactor's FRT Metrology business could potentially strengthen its market position and increase its revenue stream.
The acquisition could potentially increase Camtek's market share and revenue, which could positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100