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Siplace seeks synergies from acquisition by ASM

Posted: 04 Mar 2011 ?? ?Print Version ?Bookmark and Share

Keywords:Siplace? ASM Pacific? ASM Assembly? acquisition? surface mount?

As ASM Pacific Technology acquired Siplace from Siemens AG, renaming it ASM Assembly Systems, Vivek Nanda at EE Times-Asia requested the company to talk about challenges and opportunities for the team affected.

The last few months have been very exciting for me and the entire Siplace team, and the coming months will almost certainly bring new challenges. Our position in the placement equipment market will be a whole new ballgame when Hong Kong-based ASM Pacific Technology (ASMPT) completes the take-over of the Siplace team of Siemens AG at the beginning of this year. This new constellation of ASMPT & Siplace together being a major equipment supplier to the electronics industry presents huge opportunities for us.

The preparations for the closing of the deal are on schedule [as of this writing], and for many of us the official handover in January [could not have] come soon enough. From what I see the teams of ASMPT and Siplace can't wait to finally start working together.

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Bruce: The interface between SMT and chip assembly processes continues to suggest much efficiency reserve.

The interface between SMT and chip assembly processes continues to suggest much efficiency reserve. This is something we want to develop with the tremendous process and technology expertise of ASMPT for our customers' ultimate benefit.

In short: An entirely new era will start for Siplace.

As we leave the Siemens group, we are very optimistic that we will occupy an excellent strategic position in the future under ASMPT, a company with over 12,000 employees that has been highly successful with its high-quality machines for back-end assembly applications. ASMPT has been intimately familiar with the dynamic electronics industry for many years combining great manufacturing experience and deep vertical integration. ASMPT will provide us with excellent opportunities to expand Siplace's product portfolio both horizontally and vertically. In addition, ASMPT's excellent customer contacts and tight distribution network in Asia and particularly in China will add to the synergistic benefits created by this deal.

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