Cohu to acquire Xcerra for $796 million in cash and stock

Cohu announced a definitive merger agreement to acquire Xcerra for approximately $796 million in equity value, combining to create a global leader in semiconductor test equipment. The deal was announced on May 8, 2018.

“This proposed acquisition is a powerful combination of two complementary firms that will accelerate our strategy to diversify our product offerings and strengthen Cohu’s position as a global leader in back-end semiconductor equipment.”yolegroup.com

• 3 sources
• yolegroup.comCohu to acquire Xcerra creating global forerunner in back-end semiconductor equipmentThomas BoucardMay 7, 2018
• sec.govEX-99.1May 8, 2018
• sec.govex_113346.htmMay 8, 2018

Summarized from public sources; check the original articles before acting on it.