Fremont, California, October 1st, 2015
Imtec Acculine LLC announced today that on October 1st, 2015, it has completed the acquisition of all of the related assets of California Advanced Technology (CAT). The assets acquired by Imtec in the acquisition include CAT's customer base, machining & glass blowing equipment, and other related assets. Most of the CAT management and staff have also been hired by Imtec, and the operations of the CAT business will continue uninterrupted.
The acquisition was completed after thoroughly reviewing synergies that exist between the two companies. Beyond the cost savings of combining operations, Imtec extends its reach into the quartz boat and furnace tube market. Leveraging Imtec's ISO 9001 certification and infrastructure, additional market share can be captured through current CAT customers, desiring tighter quality controls.
The consolidation of operating locations stands to be one of the more valuable synergies. Imtec plans to complete this move before the end of 2015 and is taking care in limiting interruptions to both operations.
About Imtec Acculine:
Since 1972, Imtec Acculine has consistently provided high quality products for rapidly changing markets and technologies. The company has a broad customer base that includes companies of all sizes, OEMS, labs, and universities from all over the world. Innovation is a hallmark of Imtec and the company has many industry firsts to its credit. It was the first to introduce the quartz re-circulating bath and continues to be the world’s leading supplier of quartz constant-temperature baths. Imtec was also the first to obtain UL safety recognition and CE approval for its bath products. As a result of having supplied high-quality products to a customer base of more than 500 semiconductor-related companies, Imtec Acculine’s modules and systems are constantly optimized. Consistent with its ISO 9001 certification, Imtec Acculine is continually involved in product improvement, evolution and new product development, allowing the integration of leading-edge developments in system applications.
About California Advanced Technology:
Since 2009, California Advanced Technology (CAT) has been manufacturing quartz, pyrex, and ceramic parts for the semiconductor industry. Taking on R&D projects has been a specialty of CAT, with their wealth of experience, CAT is able to offer tried & tested solutions to complex problems. These are just some of CAT's manufacturing abilities, CNC/Manual Machining, lapping, glass-blowing, flame & optical polishing, bench fusing, annealing, sand & bead blasting, and laser cutting.