FORT WASHINGTON, PA — Kulicke & Soffa Industries Inc. today closed the previously announced purchase of die bonder equipment maker
Alphasem.
K&S paid a $27.1 million in cash for the former
Dover Technologies unit.
K&S chairman and chief executive Scott Kulicke said, “We had identified die bonding equipment as a natural growth path for K&S. The Alphasem purchase is the most attractive way for us to enter that market.
According to the most recent
VLSI Research market data report, Alphasem held a 10% share of the $520 million die bonder market in calendar 2005. Alphasem had sales of approximately $60 million in 2005 for die bonders, related materials and services, and employs 260 workers.