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Plasma-Therm Acquires CORIAL

Photonics.com
Jul 2018
ST. PETERSBURG, Fla., July 12, 2018 — Plasma-Therm LLC, a manufacturer of plasma etch, deposition, and advanced packaging equipment for the production of specialty semiconductor devices, has acquired CORIAL, a French plasma processing equipment supplier.

“This transaction is expected to produce significant cost savings from operational synergies, while increasing the group’s top-line revenue by leveraging the combined sales and service network,” said Abdul Lateef, CEO of Plasma-Therm. “This acquisition enforces Plasma-Therm’s commitment to the European market by further enhancing our support infrastructure for the European customer base. With this acquisition, we take one more step in the execution of our vision of a technology center of excellence and research in the Grenoble ecosystem.”

Plasma-Therm is a manufacturer of advanced plasma processing equipment for specialty semiconductor markets, including advanced packaging, wireless communication, photonics, solid-state lighting, MEMS, nanotechnology, renewable energy, data storage, photomask, and R&D.

“CORIAL is a strategic acquisition that strengthens our presence in the R&D market space and for all other markets requiring small footprint and technology-rich equipment,” said Thierry Lazerand, director of marketing at Plasma-Therm. “We are also excited about the addition of the experienced team of engineers with differentiated know-how for product development.”

CORIAL is a plasma etch and deposition equipment supplier for specialty semiconductor markets.

“We are excited to become a subsidiary of Plasma-Therm,” said Andrei Uvarov, chief research officer at CORIAL. “It is a great opportunity for CORIAL to consolidate its future and accelerate the development of innovative stand-alone equipment based on joined CORIAL and Plasma-Therm expertise and advance our commercialization initiatives globally.”

BusinessPlasma-ThermCORIALmergers and acquisitionssemiconductorsmaterialsEuropeAmericas

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