Advantest Corp of Japan to Buy U.S. Verigy Ltd

Japan’s semiconductor testing device maker Advantest Corp. <6857> said Monday it has signed a definitive agreement to buy U.S. peer Verigy Ltd.

Advantest will pay 15 dollars for each share in Verigy, listed on the U.S. Nasdaq stock market, aiming to make the firm a wholly owned subsidiary. The total acquisition cost will reach 1.1 billion dollars.

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