Hsinchu, Taiwan, R.O.C., April 15, 2010 – STAr Technologies today announced the merger with KVD Company, a leading supplier of cost effective semiconductor automated test equipment for linear, power management and low cost mixed signal IC markets. With this merger, KVD will become a wholly owned subsidiary of STAr, with STAr providing KVD with the financial strength to further its technology capabilities and global presence.
KVD is founded in 1987 to provide consulting services in mixed signal tests. In 1994, KVD entered the ATE system market with more than 200 systems installed to date and in service for testing power management ICs (PMICs), sensors, audio-video chips, CMOS image sensors, power transistors, etc. KVD has continued to introduce new technologies for its mixed signal tester platform with higher performance and functionalities.
"The combined organizational and financial strength of STAr and KVD gives us an advantage in growing our market share worldwide. The recent collaboration of our sales and engineering teams in Taiwan has led to the adoption of our newest technology by a major Taiwan power management IC design house with superior price and performance against the competitive systems. We look forward to working with the STAr team to penetrate new customers and markets with our technology developed over the last twenty years," said Veets Veitas, CEO of KVD.
"The merger with KVD is a very strategic move by STAr into becoming a total solution supplier for semiconductor test systems and probe cards. STAr has been supplying full range of high quality probe cards to customers since the acquisition of GTA Electronics in April, 2009. With the addition of KVD, STAr completes its test systems offering from front-end fab processes to back-end wafer sort and final tests," noted Dr. Choon-Leong Lou, CEO of STAr Technologies.
"We expect the combination to drive efficiencies associated with operating a large business and enabling STAr to expand into the US markets through KVD with a broader portfolio of products," noted Tom Wang, Chairman of STAr Technologies. "STAr’s goal of building a robust and efficient infrastructure with great products and services will present us with greater growth opportunities in the future. We believed that merger with KVD will increase our competitiveness, widen our reach to the international market and achieving higher growth and profits in the near future."
About STAr Technologies, Inc.
STAr Technologies is established in August 29, 2000 and headquartered in Hsinchu City, Taiwan with offices spanning across Asia. We provide software, test equipment, consumables, service and expertise to meet the requirements and challenges within the semiconductor industries. Our expertise extents across parametric electrical tests (E-test), wafer-level and package-level reliability (WLR & PLR), assembly and packaging services, probe cards and sockets
About KVD Company, Inc.
KVD Company founded in 1987, is a leading supplier of automated test and measurement equipment to semiconductor IC manufacturers headquartered in California, USA. With more than 20 years of experience, KVD is one of the leading cost effective mixed signal automatic test equipment (ATE) suppliers. Our products enable customers to deliver better quality products, reduce production costs while maintaining higher degrees of test coverage and overall yield.
