PEER Group Inc. has signed an agreement to acquire all of Asyst Technologies' connectivity software products. The deal is expected to close no later than Aug. 31.
Asyst products are used by more than 80% of the tier-one and tier-two semiconductor equipment manufacturers for factory automation connectivity and approximately one-third of today's 300 mm fabs for either connectivity or simulation testing, notes PEER Group.
Included in the transaction are Asyst's FAST Framework products targeted for highly automated assembly plants and are currently used in 11 plants globally. PEER Group will continue to provide product licenses, upgrades and technical support per customers' existing contracts.
Following the close of the transaction, PEER Group says it will offer a total of 13 equipment automation software products including simulation, testing, tool automation, station controller and connectivity products.
SOURCE: PEER Group