Kanthal sells its semiconductor capital goods business
Business | October 11, 2021
Heating technology company Kanthal announces that it has entered into an agreement to divest its semiconductor equipment equipment business to Yield Engineering Systems, Inc. (YES), headquartered in Fremont, California, United States. United.
This sale is part of Kanthal’s commitment to continuously optimize its portfolio, the company said in a press release. The division was sold for an undisclosed amount. “We have a strong focus on growth within our core business, which is sustainable industrial heating solutions,” says Anders Björklund, President of Kanthal, in the press release. “YES is perfectly equipped to take ownership of our portfolio of semiconductor-related capital goods. , system related upgrades and service requirements. YES will take ownership of Kanthal’s semiconductor capital equipment portfolio, system upgrades and service requirements. The acquisition will add Kanthal’s high temperature (> 800 ° C) furnace technology as well as low pressure chemical vapor deposition (LPCVD) processes to YES ‘growing capabilities in heat treatment. “We aim to be the semiconductor industry’s supplier of choice for surface modification, materials improvement and high-quality deposition,” said Rezwan Lateef, President of YES in his own press release. . “With this acquisition of equipment and technical expertise from a leader in industrial heating, we look forward to supporting our global customer base with new high temperature annealing and bonding systems that leverage Kanthal heating equipment. , we believe that the Kanthal LPCVD technology has the potential to open up exciting deposition opportunities for YES beyond our current single-layer coating systems, particularly in the areas of optics, power and microLED. ”