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ASMPT signed a definitive agreement to acquire Mycronic's subsidiary AEi, a leader in automated sensor assembly and test equipment, in an all-cash transaction. The deal is subject to customary closing conditions and regulatory approvals.
“The acquisition of AEi is consistent with ASMPT's strategy of pursuing sustained, profitable growth via expansion into promising adjacent markets.”asmpt.com
Summarized from public sources; check the original articles before acting on it.