FormFactor, Inc. explained

FormFactor, Inc.
Trading Name:FORM
Type:Public
Traded As:NASDAQ:
Industry:Semiconductor
Founder:Igor Khandros
Hq Location:Livermore, California
Revenue:$770 million (2021)
Num Employees:2300

Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.

History

FormFactor was founded in Elmsford, NY in 1993, and set up its first headquarters in Livermore, California in 1995.[1] The company completed an initial public offering (IPO) on the Nasdaq as FORM,[2] in June 2003 with 6 million shares priced at $14.[3] [4]

FormFactor released the first x64 DRAM probe card in 2000,[5] followed by the x128 DRAM probe card in 2002.[6] [7] The company shipped the first SmartMatrix full-wafer probe cards in February 2009.[8]

In October 2012, FormFactor signed an agreement with Astria Semiconductors Holdings, Inc. for the acquisition of MicroProbe, Inc. for $100 million in cash and $16.8 million in stocks.[9] [10] [11] In June 2016, FormFactor acquired Cascade Microtech for $352 million.[12] [13]

In 2019, a second service center was opened in Grenoble, France, to expand the companies existing center in Dresden, Germany.[14] [15] [16] In October 2019, FormFactor acquired Germany-based FRT for $19,7 million. FRT Metrology business was acquired by Camtek in October 2023.[17] [18] In July 2020, Advantest Corporation's probe card assets were acquired by FormFactor for $35 million[19] [20] and in October, it acquired High Precision Devices, Inc. (HPD).[21] [22]

An additional manufacturing facility was opened in Livermore in 2021, to expand the existing and provide an additional 90,000 square feet of facility.[23] [24]

Locations

FormFactor, Inc. is headquartered in Livermore, California with manufacturing facilities and offices in the United States, Europe and Asia:[25]

United States

Europe

Asia

References

  1. Web site: 2020-05-18 . Working At FormFactor: Employee Reviews and Culture . 2023-12-03 . www.zippia.com . en-US.
  2. News: 2022-06-02 . SEEQC Deploys FormFactor’s Qubit Pre-screening Solution to Speed Quantum Computing Development . en . Bloomberg.com . 2023-12-03.
  3. Web site: 2003-06-12 . Chip Tester Prices I.P.O. At High End . 2023-12-03 . www.nytimes.com.
  4. Web site: Hess . Diane . 2003-06-12 . FormFactor IPO Prices Above Range . 2023-12-03 . TheStreet . en-us.
  5. Web site: FormFactor Ships the Production 64-Device In-Parallel Dram Probe Card . 2023-12-03 . www.testandmeasurement.com.
  6. Web site: 2004-01-26 . FormFactor’s probe card eases bare-die DRAM testing . 2023-12-03 . www.eetimes.com.
  7. Web site: Chappell . Jeff . 2002-08-12 . FormFactor Unveils 300mm Probe Card . 2023-12-03 . EDN . en-US.
  8. Web site: 2009-02-09 . FormFactor Reduces Flash Memory Test Costs With New Harmony OneTouch(TM) ATC Full-Wafer Contact Probe Card Solution . 2023-12-03 . GlobeNewswire News Room . en.
  9. News: 2012-09-05 . FormFactor Agrees to Acquire MicroProbe . en-US . Wall Street Journal . 2023-12-03 . 0099-9660.
  10. Web site: 2012-10-18 . FormFactor Closes MicroProbe Buyout . 2023-12-03 . Yahoo Finance . en-US.
  11. Web site: Mokhoff . Nicolas . 2012-09-04 . FormFactor to acquire MicroProbe for wafer tests . 2023-12-03 . EE Times.
  12. Web site: 2016-06-27 . FormFactor Diversifies, Closes Cascade Microtech Buyout . 2023-12-03 . Yahoo Finance . en-SG.
  13. Web site: Feroldi . Brian . 2016-02-13 . FormFactor Inc. Makes a Bold Bet With a Major Acquisition . 2023-12-03 . The Motley Fool . en.
  14. News: 2019-01-28 . FormFactor, Inc.: FormFactor Adds Second European Service Center . en . Bloomberg.com . 2023-12-03.
  15. Web site: 2019-01-28 . FormFactor Adds Second European Service Center . 2023-12-03 . EIN News . en-US.
  16. Web site: 2019-01-28 . FormFactor Adds Second European Service Center . 2023-12-03 . GlobeNewswire News Room . en.
  17. News: 2023-09-18 . Camtek buys German co FRT Metrology for $100m . en . Globes . 2023-12-03.
  18. Web site: Camtek Announces the Closing of its Acquisition of FRT Metrology . 2023-12-03 . www.prnewswire.com . en.
  19. Web site: 2020-07-30 . FormFactor, Inc. acquired the Advanced Probe Card Assets of Advantest Corporation for $35 million. -July 29, 2020 MarketScreener . 2023-12-03 . www.marketscreener.com . en.
  20. Web site: 2020-07-30 . FormFactor, Inc. Reports 2020 Second Quarter Results . 2023-12-03 . Yahoo Finance . en-US.
  21. Web site: Wood . Christopher . 2020-10-29 . FormFactor acquires High Precision Devices . 2023-12-03 . BizWest . en-US.
  22. Web site: High Precision Devices - Products, Competitors, Financials, Employees, Headquarters Locations . 2023-12-03 . www.cbinsights.com.
  23. Web site: 2021-12-15 . FormFactor Opens New Manufacturing Facility to Expand Capacity for Semiconductor Wafer Probe Card Production . 2023-12-03 . Yahoo Finance . en-US.
  24. News: Formfactor Inc (FORM-Q) Quote - Press Release . en-CA . The Globe and Mail . 2023-12-03.
  25. Web site: Global Locations . 2024-03-21 . FormFactor, Inc. . en-US.

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