Source: EMS Now

ASMPT: ASMPT Announces Agreement to Acquire AEi

SINGAPORE and Täby, SWEDEN- ASM PACIFIC TECHNOLOGY LIMITED ('ASMPT'/HKSE: 0522) and Mycronic Group ('Mycronic'/SEK: MYCR) signed a definitive agreement in which ASMPT will acquire Mycronic's subsidiary Automation Engineering, Inc. ('AEi') in an all-cash transaction. The transaction has been approved by the Board of Directors of each company, subject to the satisfaction of customary closing conditions [...]

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Annual Revenue
$1.0-5.0B
Employees
10-50K
Robin Gerard Ng Cher Tat's photo - CEO of ASMPT

CEO

Robin Gerard Ng Cher Tat

CEO Approval Rating

90/100

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