Mycronic Acquires Vi Technology

摘要

Mycronic in October acquired Vi Technology for $9.28 million. Mycronic has a long-term goal to reach net sales of $600 million, with acquisitions as part of the growth strategy. Vi Technology manufactures SPI and AOI systems, and has delivered approximately 3,000 systems to 500 customers. "The trend toward increased miniaturization puts higher requirements on the production line regarding high precision and high flexibility," said Thomas Stetter, senior VP general manager assembly solutions, Mycronic. "With the acquisition of Vi Technology, we get access to advanced inspection equipment and software, as well as leading expertise. The customers will get a complete and integrated production line to further increase their productivity. We will continue our investments to develop advanced solutions based on our combined expertise. The unique combination of jet printing and integrated inspection will provide new ways to optimize manufacturing."