Sumitomo Cryogenics of America Inc. (SCAI), a wholly-owned subsidiary of Sumitomo Heavy Industries, Ltd. (SHI), has acquired a leading-edge vacuum measurement instrumentation manufacturer.
California-based Ferran Technology Inc. provides vacuum measurement and control technologies to the micro-electronics manufacturing industries, as well as scientific research and industrial vacuum markets.
SCAI said that the acquisition of Ferran-Tech and its products would allow for SHI to gain more presence with products that measure and control the vacuum within the same environments and markets.
Whilst financial details were not disclosed, it is understood that the Ferran-Tech team were unanimous in their support of SHI as the right long-term partner and the right group to market its new disruptive technology globally.
David Dedman, CEO of SCAI, highlighted, “Ferran-Tech has unique vacuum measurement technology that will add significant value to our customer partners. We will leverage the existing SHI global sales and service network to provide local support worldwide.”
SCAI’s President Bob Deobil added, “Advanced vacuum measurement and control instrumentation extends our range of offering to our core semiconductor market and aligns with our strategy to provide world-class quality and technology solutions for our customers.”
SHI Cryogenics Group has been a worldwide provider is of cryogenic and vacuum solutions to the medical, semiconductor, flat panel and research industries for over 50 years. SCAI is the North American Division of the SHI Cryogenics Group based in Allentown, Pennsylvania.