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Mergers & Acquisitions

Dec. 11, 2010

Advantest Makes Offer for Verigy

Santa Clara-based Advantest Corp. announced an unsolicited $735 million offer to acquire Verigy Ltd., a semiconductor test systems provider located in Cupertino.


By Lisa Kestenbaum


Daily Journal Staff Writer


Santa Clara-based Advantest Corp. announced Wednesday an unsolicited $735 million offer to acquire Verigy Ltd., a semiconductor test systems provider in Cupertino.


The offer follows on the heels of a proposed merger with LTX-Credence Corp., announced Nov. 18, that would expand Verigy's product portfolio. Advantest turned to Skadden, Arps, Slate, Meagher & Flom to advise in the offer. The t...

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