Automation Engineering Inc.

ASM Pacific Technology (ASMPT) completed its all-cash acquisition of Automation Engineering Inc (AEi) from Mycronic Group on February 1, 2022. AEi is a leader in automotive camera active alignment equipment.

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.