Friday, August 28, 2015

Tessera to Buy Ziptronix for $39M

BusinessWire: Tessera announces the acquisition of Ziptronix for $39 million in cash. Ziptronix’s patented ZiBond direct bonding and DBI hybrid bonding technologies have been licensed to Sony for volume production of its CMOS image sensors.

Dan Donabedian, President and CEO of Ziptronix says, “We’ve taken our technology from concept to commercialization in the backside illuminated image sensor and RF markets. Joining the Tessera family of companies combines our efforts with a proven leader in technology development and licensing in the semiconductor industry. This is a great alignment of companies that can address rapidly expanding 2.5D and 3D-IC markets.

The addition of the Ziptronix team will not change Tessera’s target operating expense structure. Tessera is making no adjustments to third quarter 2015 revenue or earnings per share guidance.

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