Cohu, Inc. announced on December 16, 2024, that it has entered into a definitive agreement to acquire Tignis, Inc. Tignis is a provider of artificial intelligence (AI) process control and analytics-based monitoring software.
This strategic acquisition is designed to expand Cohu's analytics offerings within the semiconductor manufacturing sector. The company aims to enhance its capabilities in optimizing semiconductor manufacturing yield and productivity.
The acquisition targets the estimated $2.6 billion semiconductor process control market. This move positions Cohu to strengthen its technology portfolio and address growing demand for AI-powered solutions in its industry.
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