Cohu Completes Ismeca Buy

Poway-based semiconductor test equipment provider Cohu said today that it has completed its acquisition of Ismeca Semiconductor Holding SA, a Switzerland-based provider of test handling and back-end finishing equipment for ICs, LEDs and discrete components. The deal was worth $54.5M. The two had originally announced the buy on December 9th. Cohu said Isemca had unaudited sales for the twelve months ended June 2012 of approximately $84M. Cohu acquired Ismeca Semiconductor from Schweiter Technologies AG.