SINGAPORE: AEM Holdings Ltd has acquired 100% stake in California-based DB Design Group Inc, a news release said today.
DB Design is a world-renowned supplier of automation fixtures, device kits, and other test-related products. It has over 30 years of experience in delivering turnkey solutions for virtually all major semiconductor test and handling systems. DB Design has a key team of designers and machinists located in California serving the Silicon Valley customer base.
The acquisition of DB Design provides AEM with several synergies, including:
[a] DB Design’s specialized capabilities expands AEM’s Serviceable Available Market to include the automation fixture and device kit markets.
[b] DB Design’s customer base presents a synergistic growth opportunity for AEM.
AEM intends to leverage on DB Design’s capabilities to expand its product offerings and customer portfolio in the semiconductor and electronics spaces.
AEM’s Executive Chairman Loke Wai San commented, “We are thrilled that the team at DB Design is now part of our AEM family. Not only does DB Design have an impressive list of semiconductor customers for their lab handler and custom kits, they also bring tremendous design and application engineering capabilities for AEM’s consumables business, and local support to our North American based customers. We are now able to offer almost 24-hour R&D services to our customers leveraging our US and Asia based teams, as well as rapid prototyping and supply chain resiliency via high mix production run support in the US.”
AEM Holdings Ltd (AEM), a global leader offering application specific-intelligent system test and handling solutions for semiconductor and electronics companies serving advanced computing, 5G, and AI markets.
AEM takes pride in providing innovative, engineering-focused solutions and developing strong partnerships with customers and associates to cater to their manufacturing needs through our global engineering service support network and innovative people. Currently, AEM has five manufacturing plants located in Singapore, Malaysia (Penang), China (Suzhou), Finland (Lieto) and France. Through its network of sales offices, associates and distributors, it has a global market presence spanning Asia, Europe, and the United States.