Cohu (COHU) Completes Acquisition of Tignis
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Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced the completion of its previously disclosed acquisition of Tignis, Inc. (“Tignis”), a provider of artificial intelligence (AI) process control and analytics-based monitoring software.
The terms of the transaction, which are not material to Cohu’s financials, are not being disclosed. The acquisition was funded with cash on hand.
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