Posted by Jade Po Kellard on 01 December 2008 at 06:00
Saki Corporation, a Japan based leading provider of automatic optical inspection machines, has signed a Sale and Purchase (S&P) Agreement with Schmidt Electronics Group Limited, an Asia Pacific conglomerate of advanced electronics and IT technology on November 18th, 2008 in Hong Kong to acquire a certain percentage of stake in Macro Science Technology GmbH (MSTL).
MSTL, a subsidiary of Schmidt Electronics Group Limited, is a leading proprietary owner of X-Ray inspection systems, offering products and solutions focusing on the use of X-Ray technology for the inspection of mechanical and electronic components for the electronics SMT industry and the general Non Destructive Testing (NDT) industry.
The acquisition will strengthen and expand the product portfolio of Saki Corporation to further consolidate its position as the global leading provider of automatic inspection solutions. Both companies, together, will meet wider customers’ needs and have a greater opportunity to reach new markets, particularly in the area of non-destructive testing.
“We have been enjoying a large share of the automatic optical inspection market by utilizing Intelligent Machine Vision (IMV) robot vision technology. The X-ray inspection technology in ball grid arrays and non-destructive means of testing that MSTL boasts are exactly what we need to complement our existing products”, says Sakie Akiyama, Chief Executive Officer and President of Saki Corporation. “I can see that both technologies will become the industry’s mainstream, and the completed product portfolio can secure our position as the global top brand and get ourselves ready to reap the new markets when the time comes.”
Saki Corporation will gradually acquire a majority interest in MSTL, while Schmidt Electronics Group Limited will retain a minority interest. The overall management of the MSTL operations will be taken over by Saki within a reasonable timeframe.
“Both companies see a high level of synergy in future for collaborative R&D activities that will create a new dimension of inspection solutions not only for current inspection and testing requirements but also for future demands driven by highly complex and highly integrated packaging and materials technologies for the electronics, automotive, medical, aerospace and information technology industries. MSTL will now be able to capitalize on the worldwide sales and marketing network of Saki Corporation to further increase its market presence and penetration. On the other hand, the valuable human and knowledge assets of MSTL will play an important part in Saki’s future business growth”, says Klaus Festl, Chairman and Chief Executive Officer of Schmidt Electronics Group. “Both companies also share the same vision in the automatic inspection arena and I believe that the integration will be smooth and successful.”
*About Saki Corporation
Established in 1994, Saki Corporation has, in a short period of time, acquired a worldwide position in the field of automatic visual-inspection equipment for electronic parts mounting processes utilizing robotic vision technology. The Company has obtained this goal guided by its corporate principal - “Challenging the creation of new value.” Drawn by this spirit, Saki has continued to maintain stable growth over the long term in an aim to secure the top position in the global market for its brand name products. The company is headquartered in Tokyo, Japan with operation around the world with 200 employees in over 10 countries. For more information, please visit www.sakicorp.com.
*About Schmidt Electronics Group Limited
Schmidt Electronics Group Limited is a leading multidisciplinary conglomerate, which has provided integrated technology and electronics products in Asia for over 110 years. Leveraging a well-established brand, the Group offers a bundle of value-added products and services to a broad and diverse base of customers, ranging from automatic identification solutions, industrial materials, X-ray inspection systems, prototyping and high quality manufacturing services, to testing and production equipment for the electronics industry. The Group is headquartered in Hong Kong and currently operates around the world with 800 employees in over 10 countries. For more information, please visit www.schmidtelectronics.com.
*About Macro Science Technology GmbH
MacroScience Technology GmbH is a technology start-up company providing leading edge intellectual property, technology and products in the area of X-Ray inspection. The company is now a proprietary owner of X-Ray inspection systems, offering products and solutions focusing on X-Ray technology for the inspection of mechanical and electronic components for the electronics SMT industry and the general Non Destructive Testing (NDT) industry. For more information, please visit www.macroscience-technology.com.
Jeff Timms, president of Microscan since 2007, has been focusing these
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