Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Plasma-Therm Announces Acquisition of Thin Film Equipment SrL
September 20, 2023 | Plasma-ThermEstimated reading time: 1 minute
Plasma-Therm, a leading manufacturer of plasma-process equipment for the semiconductor and compound semiconductor markets, announced that it has acquired Thin Film Equipment SrL (TFE), effective September 18, 2023. Based in Binasco (Milano, Italy), TFE is a leading supplier of sputtering equipment for semiconductor R&D and production and is well-known for its expertise in physical vapor deposition (PVD) sputtering and evaporation process equipment and high purity materials for thin film applications.
“The acquisition of TFE reinforces Plasma-Therm's expanding footprint in Europe, a pivotal component of our long-term strategic growth initiative,” stated Abdul Lateef, CEO of Plasma-Therm. “It also helps to significantly expand Plasma-Therm's portfolio in the power device market with TFE’s suite of PVD tools tailored to meet the requirements of MEMS, Power, RFID, and other semiconductor applications.”
TFE’s PVD technologies highly complement Plasma-Therm’s existing etch and deposition products and process solutions, enhancing its ability to meet a wider spectrum of semiconductor manufacturing and R&D market demands. The added value of TFE’s workforce expertise in PVD technology and power device market requirements further strengthens Plasma-Therm’s renowned customer service and support teams.
According to The Yole Group ‘s “Power SiC 2022” report the power semiconductor market to reach a substantial $6.3 billion by 2027. Plasma-Therm is positioned to support this growth with the acquisition of TFE and the MRC Eclipse product line, which is used for depositing metal for interconnects, via fill, silicides, packaging (C4, die attach), and other processes.
Francesco Terenziani, CEO, TFE, commented, “We are excited about this acquisition and combining our strengths with Plasma-Therm’s. While TFE will continue to operate independently, we will work closely with Plasma-Therm to combine our strengths in plasma and PVD process technology for a more comprehensive product offering for our customers. The acquisition will enable us to expand our R&D resources and customer service & support teams globally to deliver timely solutions to our valued customers.”
Share on:
Suggested Items
Plasmatreat Announces 'Book-a-Demo' Service
07/03/2024 | PlasmatreatAtmospheric plasma technology has established itself as a universal problem solver for processing a wide range of materials in a variety of industries. Anyone looking for the right plasma surface treatment for their product or material combination can book the flexible "Book-a-Demo" service from Plasmatreat GmbH in Steinhagen - and see for themselves the performance and possibilities of plasma.
Real Time with… IPC APEX EXPO 2024: Plasmatreat: Innovative Surface Preparation Solutions
04/25/2024 | Real Time with...IPC APEX EXPOIn this interview, Editor Nolan Johnson speaks with Hardev Grewal, CEO and president of Plasmatreat, a developer of atmospheric plasma solutions. Plasmatreat uses clean compressed air and electricity to create plasma, offering environmentally friendly methods for surface preparation. Their technology measures plasma density for process optimization and can remove organic micro-contamination. Nolan and Hardev also discuss REDOX-Tool, a new technology for removing metal oxides.
Plasmatreat at IPC APEX EXPO 2024
04/02/2024 | PlasmatreatFor the pretreatment of highly sensitive electronic components, Plasmatreat will present a real innovation at the IPC APEX Expo in Anaheim 2024: The new REDOX tool safely and effectively reduces oxide layers on electronic components in an inline process.
Anda Technologies to Feature Large Platform Conformal Coating and Plasma Treatment Systems at 2024 IPC APEX EXPO
03/15/2024 | Anda TechnologiesAnda Technologies, a leading provider of fluid application and custom automated manufacturing equipment, will showcase its latest innovations at Booth 1038 during the 2024 IPC APEX EXPO.
Nordson to Demonstrate Plasma Treatment, Automated Fluid Dispensing Systems at SEMICON China 2024
03/06/2024 | Nordson Electronics SolutionsNordson Electronics Solutions, a global leader in reliable electronics manufacturing technologies, will demonstrate their latest equipment for semiconductor manufacturing at SEMICON China 2024, booth 3645.