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Camtek Announces the Closing of its Acquisition of FRT Metrology
November 1, 2023 | CamtekEstimated reading time: Less than a minute
Camtek Ltd., a leading manufacturer of metrology and inspection equipment, is pleased to announce the closing of its acquisition of FRT Metrology (FRT) business for $100 million in cash, subject to customary purchase price adjustments, from FormFactor which was initially announced September 18, 2023.
Rafi Amit, CEO of Camtek commented, “We are very excited to have closed this strategic transaction that expands our available markets and allows us to offer advanced solutions to additional process steps in semiconductor manufacturing. FRT’s portfolio supports our strategic goal to deliver comprehensive metrology solutions. With this expanded product and technology offering, supported by the synergy in our markets, Camtek is well-positioned for continued growt in its strategic market segments.”
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