Press Release Amkor Technology- Integra Technologies, LLC
CHANDLER, ARIZONA - Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Amkor Technology, Inc. (NASDAQ: AMKR) on the divestiture of its Amkor Test Services business unit ("ATS") to Integra Technologies, L.L.C. Specific terms of the transaction were not disclosed.
ATS, based in Wichita, Kansas, provides semiconductor test services for military, avionics, and commercial grade applications. ATS also operates a small ESD testing facility in Santa Clara, California.
Amkor Technology is a leading subcontractor of semiconductor assembly and test services with annual revenues of $1.9 billion and more than 22,000 employees worldwide. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing and support services with production capabilities in China, Japan, Korea, the Philippines, Singapore, Taiwan, and the United States. The semiconductors that Amkor packages and tests for its customers become components in electronic systems used in communications, computing, consumer, industrial, and automotive applications.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients� most complex dealings. Seale Capital, Inc., an affiliate of Seale & Associates, Inc., is a registered broker dealer and member of FINRA and SIPC. All securities related transactions are cleared through Seale Capital, Inc. For more information please visit www.sealeassociates.com.