Kulicke and Soffa Industries Acquires Liteq

Kulicke and Soffa Industries, which designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, said Thursday morning it acquired privately-held Liteq BV. Terms of the acquisition were not disclosed.

Liteq developed the first dedicated step-and-repeat tool serving the unique and broad-ranging requirements of advanced packaging lithography. “This highly complementary investment emphasizes our strategic and opportunistic capital deployment approach by further extending the company’s presence, strength, and value proposition within advanced packaging,” said Kulicke and Soffa CEO Fusen Chen.