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ASE soon to seal ASE Test acquisition

Posted: 13 May 2008 ?? ?Print Version ?Bookmark and Share

Keywords:IC packaging? ASE Test services?

Taiwan's Advanced Semiconductor Engineering Inc. (ASE) expects that its acquisition of ASE Test Ltd will be completed by May 30. At that time, ASE Test is expected to become a privately-held concern.

Last year, IC-assembly and test provider ASE acquired the remaining shares of ASE Test, a chip-testing house. The estimated total acquisition value for this transaction is approximately $784 million.

ASE Inc., the world's largest independent provider of IC-packaging services, had a 51 percent stake in ASE Test.

- Mark LaPedus
EE Times

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