PDF Solutions, Inc. has entered into a definitive agreement to acquire secureWISE, LLC from Telit IOT Solutions Inc. The acquisition is valued at $130.0 million in cash, subject to customary purchase price adjustments, and is expected to close in the first calendar quarter of 2025.
secureWISE is a widely used secure, remote connectivity solution in the semiconductor manufacturing equipment industry, connecting over 100 equipment vendors to more than 190 semiconductor fabs. This acquisition is expected to accelerate equipment makers' ability to leverage PDF Solutions' Exensio analytics software and expand the company's secure Data Exchange (DEX) OSAT network.
Following the acquisition, PDF Solutions updated its financial outlook for full year 2025, now expecting a revenue growth rate between 21% to 23% year-over-year, an increase from its previous guidance. The company also anticipates achieving a 20% operating margin and for EPS to be slightly accretive.
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