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Technology Stocks : Cohu, Inc. (COHU)
COHU 23.28+1.7%Nov 6 3:59 PM EST

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To: robert b furman who wrote (7488)1/30/2023 7:55:01 PM
From: robert b furman  Read Replies (1) of 7822
 
Cohu buys MCT.

MCT has been around almost before Cohu.

Not sure but were mostly gravity feed handlers?

Nice boost to recurring service business and maybe an add to at the end of test for laser burning in the chip for identification after the test performance is known.Terms NOT disclosed:

Cohu buys semiconductor test handler automation equipment provider MCT Worldwide

Jan. 30, 2023 4:36 PM ET Cohu, Inc. (COHU)By: Anuron Mitra, SA News Editor

Parradee Kietsirikul

Cohu (NASDAQ: COHU) on Monday said it had acquired MCT Worldwide, a provider of semiconductor test handler automation equipment.Terms of the deal were not disclosed."MCT becomes part of Cohu’s test handler group, adding strip, film-frame and laser marking to Cohu’s product portfolio," COHU said in a statement.The company expects the deal to be accretive beginning in 2024.Cohu ( COHU) stock earlier closed -2% at $35.29.
Bob
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