Cohu Inc. (Nasdaq: COHU) will acquire a unit of Schweiter Technologies AG for $54.5 million.

The target Islmeca Semiconductor Holding SA, designs and manufactures turret-based test handling equipment for the semiconductor industry. It is headquartered in La Chaux-de-Fonds, Switzerland. The company’s revenues for the year ended June 2012 were about $84 million.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.