Onto Innovation Acquires Lumina Instruments And Kulicke And Soffa's Lithography Business In "Tuck-In" Deal, Expanding Inspection Capabilities For Unpatterned Wafers And Panel Substrates; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Onto Innovation has acquired Lumina Instruments and Kulicke and Soffa's lithography business to enhance its inspection capabilities for unpatterned wafers and panel substrates. The deal strengthens Onto's IP portfolio and R&D for panel lithography, though financial terms were not disclosed.
October 31, 2024 | 8:06 pm
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Onto Innovation has acquired Lumina Instruments and Kulicke and Soffa's lithography business, enhancing its capabilities in unpatterned wafer and panel substrate inspection. This acquisition strengthens its IP portfolio and R&D.
The acquisition of Lumina Instruments and Kulicke and Soffa's lithography business by Onto Innovation is likely to positively impact ONTO's stock price in the short term. The deal enhances ONTO's inspection capabilities and strengthens its IP portfolio and R&D, which are critical for growth in the semiconductor industry. The lack of disclosed financial terms introduces some uncertainty, but the strategic benefits are clear.
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