Skip to main content

Plasma-Therm Announces Acquisition of Thin Film Equipment SrL

Written by Customer Service on . Posted in Mergers And Acquisitions.

Plasma-Therm expands European footprint and bolsters leadership in the power device market

ST. PETERSBURG, Fla., Sept. 19, 2023 (GLOBE NEWSWIRE) — Plasma-Therm, a leading manufacturer of plasma-process equipment for the semiconductor and compound semiconductor markets, today announced that it has acquired Thin Film Equipment SrL (TFE), effective September 18, 2023. Based in Binasco (Milano, Italy), TFE is a leading supplier of sputtering equipment for semiconductor R&D and production and is well-known for its expertise in physical vapor deposition (PVD) sputtering and evaporation process equipment and high purity materials for thin film applications.

“The acquisition of TFE reinforces Plasma-Therm’s expanding footprint in Europe, a pivotal component of our long-term strategic growth initiative,” stated Abdul Lateef, CEO of Plasma-Therm. “It also helps to significantly expand Plasma-Therm’s portfolio in the power device market with TFE’s suite of PVD tools tailored to meet the requirements of MEMS, Power, RFID, and other semiconductor applications.”

TFE’s PVD technologies highly complement Plasma-Therm’s existing etch and deposition products and process solutions, enhancing its ability to meet a wider spectrum of semiconductor manufacturing and R&D market demands. The added value of TFE’s workforce expertise in PVD technology and power device market requirements further strengthens Plasma-Therm’s renowned customer service and support teams.

According to The Yole Group’s “Power SiC 2022” report the power semiconductor market to reach a substantial $6.3 billion by 2027. Plasma-Therm is positioned to support this growth with the acquisition of TFE and the MRC Eclipse product line, which is used for depositing metal for interconnects, via fill, silicides, packaging (C4, die attach), and other processes. 

Francesco Terenziani, CEO, TFE, commented, “We are excited about this acquisition and combining our strengths with Plasma-Therm’s. While TFE will continue to operate independently, we will work closely with Plasma-Therm to combine our strengths in plasma and PVD process technology for a more comprehensive product offering for our customers. The acquisition will enable us to expand our R&D resources and customer service & support teams globally to deliver timely solutions to our valued customers.”

About Plasma-Therm
Plasma-Therm is a global manufacturer of advanced plasma processing equipment. Its tools and processes are used to support manufacturing needs in etch, deposition, rapid thermal processing, and plasma-dicing technologies. The company serves the semiconductor and compound semiconductor industries in developing solutions for the wireless, power device, MEMS, photonics, advanced packaging, and data storage markets. With locations in North America, Europe and Asia-Pacific, Plasma-Therm meets the diverse needs of its customers with exceptional customer service. To learn more, visit www.plasmatherm.com

About TFE SrL
Founded in 1996 and based in Binasco (Milano, Italy), TFE is a leading supplier of sputtering equipment for R&D and production. TFE manufactures new and fully refurbished single wafer and batch tools for the more demanding market applications. Flexibility, high reliability, very good process knowledge, skilled personnel and a large worldwide installed base are only a few of the advantages offered by TFE to its customers. Moreover, TFE is an exclusive agent for several top equipment manufacturers.

Plasma-Therm Contact:                 
Elizabeth Unger
Marketing Manager
+1.727.577.4999, ext. 1727
elizabeth.unger@plasmatherm.com

Media Contact:
Stephanie Quinn
Kiterocket
+1.480.316.8370 | squinn@kiterocket.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.