MPI America, a wholly-owned subsidiary of MPI Corporation Taiwan, and recognized globally as a leader in semiconductor tests, is pleased to announce that it has entered into a definitive agreement to acquire Celadon Systems, the market leader in ultra-high performance semiconductor test probe cards. The purchase of Celadon Systems will advance MPI's presence in the wafer test marketplace and is a continuation of demonstrated market leadership in developing numerous innovations while serving customers in all aspects of the semiconductor wafer test market. The acquisition is expected to be completed in early September 2021, subject to the satisfaction of customary closing conditions.
"We have recognized the work of the Celadon team over many years now," says Rob Carter, President of MPI America, "and are honored to include their prowess to the MPI offering. With the cross-pollination of technologies and talent, we are providing an even higher level of value to our combined clientele. Together, we are focused on market needs with the products and services that make our customers even more competitive."
"After years of successfully partnering to find solutions to our customers' most demanding challenges, the Celadon Team is excited to now join the highly respected industry leader, MPI Corporation family and more specifically MPI America,", says Karen Armendariz, President, and CEO of Celadon Systems, "There is a natural fit and synergy between our organizations, from our core competence to our product catalogs. Both companies are dedicated to serving our customers and together we will bring forward the complete solution our customers have always desired."
As the founders and owners, Bryan and Valerie Root added "We wanted to find a buyer that would complement Celadon's admired company culture and customer-focused values as well as build on its' successful growth. Knowing the folks at MPI for as many years as we have, it is an easy fit as we transition to our next phase in life."