FormFactor Announces the Closing of FICT Transaction

Core Insights - FormFactor, Inc. has successfully closed its acquisition of FICT Limited in partnership with MBK Partners, enhancing its access to advanced probe card technologies and strengthening its long-term collaboration with FICT [1][3] - The acquisition is expected to bolster the semiconductor test supply chain, particularly in the context of the growing demand for advanced packaging technologies [3] Financial Summary - FormFactor invested approximately $60 million for a 20% non-controlling stake in FICT and secured a seat on FICT's board of directors [2] - This investment is not anticipated to have a significant impact on FormFactor's operating results [2] Strategic Implications - The acquisition is aimed at solidifying the collaboration between FormFactor and FICT to develop world-class test and packaging consumables [3] - The partnership is positioned to support the rapidly accelerating adoption of advanced packaging in the semiconductor industry [3] Company Overview - FormFactor, Inc. is a leading provider of essential test and measurement technologies throughout the semiconductor product life cycle, serving customers globally through its facilities in Asia, Europe, and North America [3]