# OEM Group acquires Rite Track, forms Shellback Semiconductor Technology

On June 23, 2021, OEM Group announced its acquisition of Rite Track, and the combined team established Shellback Semiconductor Technology, a new global entity serving the semiconductor industry.

- Type: Acquisition
- Announced: 2023-07-09
- Status: completed
- Products: semiconductor capital equipment, coat, develop & scrub systems, wafer carrier inspection systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [OEM Group](https://endata.com/companies/55972.md) (acquirer)
- [Rite Track](https://endata.com/companies/55973.md) (target)
- [Shellback Semiconductor Technology](https://endata.com/companies/55974.md) (partner)

## Sources

- [shellbacksemi.com](https://shellbacksemi.com/rite-track/), 2023-07-09: "Rite Track has flourished for nearly thirty years in a demanding global market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.