SANTA CLARA, CA – PDF Solutions has entered into a definitive agreement to acquire Cimetrix for a $35 million cash payment, net of cash on Cimetrix’s balance sheet as of closing, and subject to other closing adjustments, for all of the outstanding equity.

"PDF Solutions’ Exensio Analytics Platform provides the semiconductor industry with the most robust big data analytics and machine learning capabilities," said Dr. John Kibarian, president, CEO and cofounder of PDF Solutions. "Combining PDF Exensio with Cimetrix’s standards-based, leading connectivity products will provide a higher level of intelligence from the factory floor to realize the benefits of Industry 4.0."

“Cimetrix is excited to join the PDF Solutions team. Our two companies share the vision and commitment to provide a smart manufacturing platform that seamlessly connects high-quality data from the factory floor to cloud-based analytics platforms,” said Bob Reback, chairman, president and CEO at Cimetrix. “We believe this combination will provide tremendous opportunities for Cimetrix customers to benefit from the cloud, AI/ML, and analytics capabilities from PDF Solutions, and PDF customers will benefit from higher quality data originating from the factory floor using Cimetrix’s connectivity products and platforms.”

The acquisition is subject to standard closing conditions and is expected to close in the fourth quarter.