VRGY - Verigy | ||
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From wikipedia: Verigy Ltd is an Advantest
Group company in the semiconductor automatic test equipment business. It
was started by Hewlett Packard, reported to David Packard in the early
days and spun off from Agilent Technologies in 2006. The company went
public on the NASDAQ in June of 2006. The CEO was Keith Barnes, who
later became Chairman and CEO. The CFO was Bob Nikl. In 2011 Mr. Barnes
moved Chairman of the Board of Directors and Jorge Titinger became CEO
and President. The company's NASDAQ symbol was VRGY. Verigy was in the
process of merging with LTX-Credence and on Decemeber 7, 2010 when
Advantest Japan made an all cash offer for the company. On July 4,
2011, after two reviews of the tranaction by the Department of Justice
the company announced that Advantest Corporation (NYSE: ATE, TYO: 6857)
completed its acquisition of Verigy in an all cash deal valued at $1.100
billion. The resulting company is the largest manufacturer of
semiconductor test equipment in the world.
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