- Sector
- Technology
- Industry
- Semiconductors
- Address
-
- IPO Date
- Feb 2, 1982
- Business
- Xcerra Corporation, a subsidiary of Cohu Inc., designs, manufactures and markets test and handling capital equipment, interface products, test fixtures and related services for the semiconductor and electronics manufacturing industries. The company offers semiconductor automated test equipment including the Diamond, X-Series and ASL platforms; test handlers; bare board printed circuit board test equipment through atg-Luther & Maelzer; test contactors and probe pins through Everett Charles Technologies; and handling solutions through Multitest; along with services such as installation, maintenance of test systems, spare parts servicing, parts and labor warranties, and training on test system operation. Xcerra operates globally with a focus on mobility, industrial, medical, automotive and consumer end markets, targeting semiconductor manufacturers and test subcontractors.
Founded in 1976 and headquartered in Norwood, Massachusetts, Xcerra was formed in 2014 through the LTX-Credence acquisition of Everett Charles Technologies and Multitest from Dover Corporation.
In October 2018, Cohu Inc. completed its acquisition of Xcerra for approximately $796 million in a cash-and-stock transaction, integrating Xcerra's operations into Cohu's back-end semiconductor test and inspection portfolio and expanding Cohu's addressable market to about $5 billion across handlers, contactors, test and inspection. Post-acquisition, Cohu has continued integration efforts, including consolidation of global handler and tester operations, while pursuing further strategic expansions such as the 2023 acquisitions of MCT Worldwide and Equiptest Engineering to enhance interface solutions and manufacturing capabilities, and the December 2024 agreement to acquire Tignis Inc. to bolster AI/ML process control and analytics software. These moves position the combined entity to address growth in automotive, IoT, industrial and mobility sectors.