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Technology Stocks : Amkor Technology Inc (AMKR) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (681)5/16/2000 11:23:00 AM
From: Artslaw  Read Replies (2) | Respond to of 1056
 
A link to the above article is:
biz.yahoo.com

Amkor Expands IC Test Development Capabilities

Will Acquire Integra Technologies


What is interesting is that Integra (http://www.integra-tech.com/) purchased ATE to expand their presence in Silicon Valley (or so they say). Consolidation occurring all over the place.

Steve



To: Jim Oravetz who wrote (681)5/16/2000 1:17:00 PM
From: tech101  Respond to of 1056
 
Another Report on Integra Purchase:

Amkor acquiring IC test development firm Integra Technologies

Semiconductor Business News
(05/16/00, 09:04:47 AM EDT)

CHANDLER, Ariz. -- Amkor Technology Inc. here announced today it is acquiring privately-held Integra Technologies LLC, an independent production and test development company specializing in developing IC test software for automated test platforms. Terms of the transaction were not disclosed.

Integra, a Lucent Technologies spinoff, itself recently acquired a small Silicon Valley specialty test company called Test Heads. That firm's senior test engineers and wireless/mixed-signal test equipment will be incorporated into the Integra facility in San Jose, and will become part of Amkor when the agreement is finalized in mid-summer. In addition, Integra operates a 20,000-sq.-ft. facility in Wichita, Kan.

Integra has been aggressively expanding into test programs for mixed-signal and wireless communications devices to meet the rapidly growing industry demand. This complements Amkor's strategy to enhance its test-development capabilities to include the latest generation of IC packages, including RF and wireless communication devices.

"Integra's engineering capabilities and experience will add significant depth to Amkor's worldwide test development team," said Bruce Freyman, corporate vice president for product operations for Amkor. "Integra's test-development sites are well aligned with Amkor's offshore production test facilities and the concentration of semiconductor companies in the area. Our customers will be able to seamlessly move from test program development and verification to high volume test production in our Korea and Philippine facilities."

"The combination of Integra's U.S.-based test and development resources and Amkor's worldwide assembly and test expertise will provide Amkor customers with complete, end-to-end test solutions," added Joe Holt, president of Integra Technologies.

Integra was formed two years ago through an internal management buyout of what had been Lucent Technologies Inc.'s Component Evaluation Technology Center, which it operated for more than 15 years. The existing Integra management team is expected to remain in place under Amkor.

"Integra's staff includes highly experienced software development engineers and technicians with significant test experience in the semiconductor industry," Freyman said. "They are a strong addition to our already highly-skilled staff and will appreciably enhance the test development services we can offer to our customers. This acquisition is another confirmation that Amkor is continuing to be a leader in semiconductor outsource testing."

semibiznews.com



To: Jim Oravetz who wrote (681)5/18/2000 12:53:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 1056
 
Amkor Technology Inc. (AMKR) increased the amount it expects to spend on capital expenditures this year to between $500 million and $600 million, according to the company's quarterly report filed Monday with the Securities and Exchange Commission.

In Amkor's report filed on March 30, the company said it expected to spend up to $400 million in 2000.

Amkor said the increase is necessary to expand the company's capacity to meet the growth in demand it expects in 2000.

Amkor spent $104.1 million in capital expenditures in the first quarter that ended March 31, and said it intends to spend between $400 million and $500 million in additional expenditures.

In 1999, Amkor's expenditures totaled $242.4 million.

Amkor, of Westchester, Pa., provides semiconductor packaging and test services.