Corona, CA: Tamarack Scientific acquired by SUSS MicroTec

SUSS MicroTec, a supplier of equipment for the the semiconductor industry, has acquired Tamarack Scientific (Corona, CA) for $9.34 million plus an additional variable earn-out component that depends on revenues for the next three financial years.

Tamarack develops, manufactures, and distributes UV projection lithography systems as well as laser micro-structuring tools for advanced packaging, 3D integration, MEMS, and LEDs. These systems are used in high volume industrial manufacturing as well as research and development. With the acquisition of Tamarack, SUSS MicroTec is pursuing a consolidation strategy in the semiconductor backend equipment industry by complementing its exposure technology portfolio with projection lithography.

In the last two years SUSS MicroTec has been repositioning itself to respond to market and customer requirements. Frank Averdung, President and CEO of SÜSS MicroTec, said, “With this acquisition, we enlarge our company’s lithography segment by adding a new product line and core technology, both of which are highly complementary to our existing exposure capability.”