June 2010

Management buy-out of iCADA GmbH

Ludwigshafen, Germany, 27. June 2010 — A manage­ment group has acquired iCADA GmbH for an un­dis­closed price.

iCADA will maintain its operation in Ludwigs­hafen and will continue to offer reticle manage­ment solutions for the semi­conductor industry.

“A company being fully focused on critical and highly specialized auto­mation solutions, given the economic constraints of the semi­conductor industry, is the best answer for our customers,” said Tobias Ferber, CTO of iCADA, in a state­ment and continued “with this MBO we have also added to our team extensive management experience in the fields of strategic leader­ship, finance and marketing.”

iCADA provides an award winning reticle management solution that covers the entire reticle life cycle in the wafer fab. The software is used in production by several semi­conductor companies for more than 10 years, and has been setting the standards for reticle information management in the semi­conductor industry.

iCADA was founded in 1999 and then, in 2008, its majority had been acquired by the Tec-Sem Group (Switzer­land).

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Source: icada.blogspot.com