Boston Semi Equipment Acquires MVTS Technologies

BURLINGTON, MA--(Marketwired - Jun 17, 2014) - Boston Semi Equipment LLC (BSE) today announced it has completed the acquisition of MVTS Technologies (MVTS). BSE and MVTS are industry leaders in the market for reconfigured automated test equipment (ATE). The combination of the product lines, service offerings and global reach of both companies has created a single, comprehensive source for companies seeking ATE equipment solutions from the secondary market.

"This acquisition is a significant enhancement to our ATE business," stated Bryan Banish, President and CEO, Boston Semi Equipment. "MVTS has an excellent reputation for service and a long history of partnering with the original equipment manufacturer."

Since 1994 MVTS Technologies has provided premier equipment, service and support solutions to semiconductor manufacturers in more than 15 countries in North America, Europe and Asia. MVTS enables customers and OEM affiliates to extend the life and value of investments in semiconductor equipment and other technologies. As a result of the recent license agreement with FormFactor, Inc., the partnership with Complete Probe Solutions and additions to the MVTS personnel providing prober support, MVTS has quickly become a leading supplier of Electroglas probe hardware and services.

Banish further commented, "Integrating MVTS into BSE doubles our worldwide service resources, expands the coverage for direct distribution and increases the portfolio of solutions we are able to offer customers. The result makes Boston Semi Equipment the industry's most comprehensive source for reconfigured back-end products and related services."

About Boston Semi Equipment

Boston Semi Equipment LLC (BSE) is a semiconductor equipment company that has established a reputation as a reliable source for affordable fab tools, back end test equipment and service solutions for semiconductor manufacturers and OSATs worldwide. The company maintains an inventory of current generation and legacy equipment that BSE's engineers can configure to customer specifications. BSE simplifies the equipment acquisition process with a broad range of financing solutions that facilitate the lease, rental or purchase equipment. This innovative business strategy lowers equipment costs and gives BSE's customers flexibility with their production capacity to easily respond to changing business conditions.