Thursday, December 6, 2007
Verigy Acquires Inovys
Cupertino-based semiconductor test firm Verigy said today that it has signed a definitive agreement to acquire Pleasanton-based Inovys. Inovys develops products for debug, failure analysis, and yield management for the semiconductor industry. Financial details of the acquisition were not disclosed. Inovys is venture backed by Advantest, CMEA Ventures, HIG Ventures, Hotung Ventures, Palomar Ventures, Storm Ventures, Synopsys, and Techfarm Ventures. Verigy is a public spinout of Agilent Technologies.