LTX-Credence Corporation
Encyclopedia
LTX-Credence Corporation is the result of a merger of LTX
and Credence Systems Corporation in 2008. LTX-Credence manufactures Automatic Test Equipment
(ATE) for the semiconductor
industry.
The merger between Verigy and LTX-Credence that was agreed on 18th November 2010 did not proceed to completion. Verigy instead accepted a cash offer from Advantest on March 28th, 2011, terminating the merger agreement with LTX-Credence.
LTX
LTX is a semiconductor Automatic Test Equipment vendor, founded in 1976 and headquartered in Norwood, MA . Annual sales for the fiscal year ending July 31, 2007, were approximately $147.6MM, and, as of that date, the company had 436 direct employees.The present focus of the company is the design...
and Credence Systems Corporation in 2008. LTX-Credence manufactures Automatic Test Equipment
Automatic test equipment
Automatic or Automated Test Equipment is any apparatus that performs tests on a device, known as the Device Under Test , using automation to quickly perform measurements and evaluate the test results...
(ATE) for the semiconductor
Semiconductor
A semiconductor is a material with electrical conductivity due to electron flow intermediate in magnitude between that of a conductor and an insulator. This means a conductivity roughly in the range of 103 to 10−8 siemens per centimeter...
industry.
Competitors
LTX-Credence's principal competitors are:- AdvantestAdvantestis a leading manufacturer of automatic test equipment for the semiconductor industry, and a manufacturer of measuring instruments used in the design, production and maintenance of electronic systems including fiber optic and wireless communications equipment and digital consumer products...
- VerigyVerigyVerigy Ltd is an Advantest Group company in the semiconductor automatic test equipment business. It was spun off from Agilent Technologies in 2006...
- TeradyneTeradyneTeradyne , a US company, is a supplier of automatic test equipment . The company's divisions Semiconductor Test and Systems Test Group, are organized by the products they develop and deliver.-History:...
The merger between Verigy and LTX-Credence that was agreed on 18th November 2010 did not proceed to completion. Verigy instead accepted a cash offer from Advantest on March 28th, 2011, terminating the merger agreement with LTX-Credence.