Plasma-Therm of St. Petersburg, Florida USA, a maker of plasma etch, deposition, and advanced semiconductor packaging equipment announced the successful acquisition of CORIAL, a France-based plasma processing equipment supplier. Plasma-Therm’s plasma-processing and advanced-packaging solutions are used in research, pilot manufacturing, and volume production of wireless, photonics, solid state lighting, MEMS/NEMS, data storage and other devices.
CORIAL Focuses More on Plasma-Etch R&D Market
CORIAL develops and produces plasma etch and deposition equipment for applications including optoelectronics, MEMS, failure analysis, advanced packaging, wireless communication, and integrated optics. However, CORIAL’s plasma-etch equipment is more focused on the research and development market.
Plasma-Therm CEO Sees Cost Savings from Operational Synergies
Abdul Lateef, Plasma-Therm CEO noted that the operational synergies from the transaction will produce cost savings and the combined sales and service network will increase revenue for the company.
“With this acquisition we take one more step in the execution of our vision of a Technology Center of Excellence and Research in the Grenoble ecosystem,” Abdul Lateef added.
Thierry Lazerand, Plasma-Therm director of marketing said, “CORIAL is a strategic acquisition that strengthens our
presence in the R&D market space and for all other markets requiring small footprint and technology-rich
equipment. We are also excited about the addition of the experienced team of Engineers with differentiated
know-how for product development.”
“We are excited to become a subsidiary of Plasma-Therm,” commented Andrei Uvarov, CORIAL’s Chief Research Officer. “It is a great opportunity for CORIAL to consolidate its future and accelerate the development of innovative stand-alone equipment based on joined CORIAL and Plasma-Therm expertise and advance our commercialization initiatives globally.”