Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
ASMPT Completes Acquisition of Automation Engineering Inc (AEi)
February 8, 2022 | ASMPTEstimated reading time: 1 minute
ASM Pacific Technology Ltd. (ASMPT) announced that it has completed its all-cash acquisition of Automation Engineering, Inc. (AEi) from Mycronic Group on February 1, 2022, after satisfying all closing conditions set out in the acquisition agreement. The deal was first announced in September 2021.
Established in 1990 and based in Tewksbury, Massachusetts, USA, AEi is widely recognised as the de facto leader for the automotive camera active alignment market. The acquisition provides ASMPT not only a significant presence in the automotive camera assembly and test solutions space, but the ability to offer total solutions for automated and scalable end-to-end camera module assembly to a significantly global, expanded served market. It will also enable the pursuit of new adjacent market opportunities in security surveillance, drones and LiDAR, which will greatly expand the addressable market for such solutions.
The AEi team under General Manager Jean Marc Peallat will report to the business cluster under Mr. CK Lim, CEO of the ICD/ Discrete Business Unit, Semiconductor Solutions, ASMPT. The AEi team will be able to benefit from both ASMPT Group’s extensive global sales and order fulfilment networks (particularly in Asia), and ASMPT’s product development synergies such as total in-line systems that include integrating Industry 4.0 capabilities with powerful analytics and AI capabilities to augment product lines.
“We warmly welcome the AEi team into the ASMPT family,” said Mr. Robin Ng, Group CEO, ASMPT. “AEi’s automotive camera assembly and test solutions are widely adopted by Tier 1 automotive module suppliers, and offer other compelling opportunities for growth. This is consistent with our clear strategy of pursuing sustained, profitable growth via expansion into promising adjacent markets. I believe the addition of AEi to our broader portfolio of leading products, services, and solutions will in turn help support ASMPT’s long-term revenue and earnings growth.”
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
ITW EAE to Showcase Latest Electronic Assembly Equipment Developments at productronica
10/21/2025 | ITWITW EAE will be showcasing its latest developments at productronica, November 18-21 in Munich, Germany. The ITW EAE booth A4–554 will have MPM, Camalot, Electrovert, Vitronics Soltec and Despatch applications experts on hand as well as sales and management to answer questions and offer solutions.
FCT Leverages Flex Design and Total Build Solutions to Drive Innovation
10/22/2025 | Marcy LaRont, PCB007 MagazineWhat’s hot in flexible circuits right now? At PCB West, I spoke with Ben Savage, business development manager at Flexible Circuit Technologies (FCT), about their flex design services and end-markets where FCT sees the most flex activity. We also discussed the company’s focus on providing supply chain resiliency, as well as the constant search for new flex engineers. If you’re looking for a new opportunity in flexible circuits, FCT is hiring.
PCBA Market Poised to Reach $147.5 Billion by 2035
10/20/2025 | Globe NewswireGlobal printed circuit board assembly market is projected to reach $147.5 billion by 2035, at a CAGR of 4.7% during the forecast period 2025-2035
Precision PCB Acquires Assets of Microplace
10/13/2025 | Precision Technologies Inc.Precision Technologies Inc., doing business as Precision PCB, a One-Stop PCB Fabrication and Assembly services company with 27 years of experience providing Quality, Reliability and Excellence in customer service, has acquired the assets of Microplace, Inc.
ZenaTech Advances Taiwan Facility to Commissioning for NDAA-Compliant Drone Component Production
10/08/2025 | Globe NewswireZenaTech, Inc., a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, announces that its Taipei, Taiwan-based Spider Vision Sensors (SVS) subsidiary has advanced to the commissioning phase and assembly line setup at its recently leased 16,000 square-foot drone components manufacturing facility.