ESI acquires Semiconductor Systems business of GSI Group

Portland, OR - Electro Scientific Industries Inc., a supplier of laser-based manufacturing solutions for smart consumer electronics and other microtechnology industries, has signed a definitive agreement to acquire the Semiconductor Systems business of GSI Group Inc., a supplier of precision photonics, laser-based solutions, and precision motion devices to the medical, industrial, scientific, and electronics markets.

Based in Bedford, MA, the Semiconductor Systems business provides products in laser marking and trimming of semiconductor wafers and hybrid circuits. The parties expect the transaction to close within 30 days. 

The acquisition brings together two of the leading providers of laser manufacturing systems serving the semiconductor industry. With decades of experience, both ESI and Semiconductor Systems are technological leaders in laser-based wafer processing. The Semiconductor Systems' wafer marking products are positioned to capitalize on the industry-wide transition to 450mm wafer diameters and are complementary to ESI’s commitment to enabling 3D semiconductor packaging. 

This acquisition will add approximately $20-30 million of annual revenue to ESI. It is expected to add $0.05 to $0.10 to non-GAAP earnings per share in the first year. 

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions

See Article Archive

View Industrial Laser Solutions past articles.

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS