Japan, Hong Kong November 28th Saki Corporation, a Japan based leading provider of
automatic optical inspection machines, has signed a Sale and Purchase (S&P) Agreement
with Schmidt Electronics Group Limited, an Asia Pacific conglomerate of advanced
electronics and IT technology on November 18th, 2008 in Hong Kong to acquire a certain
percentage of stake in MacroScience Technology Limited (MSTL).
Ms. Sakie Akiyama, CEO and President of
Saki Corporation and Mr. Ulrich M.A.
Buchholtz, Board Member and Major
Shareholder of Schmidt Electronics Group
Limited, signed the S&P Agreement on 18th
November 2008 in Hong Kong.|
MSTL, a subsidiary of Schmidt Electronics Group Limited, is a leading proprietary owner
of X-Ray inspection systems, offering products and solutions focusing on the use of X-Ray
technology for the inspection of mechanical and electronic components for the electronics
SMT industry and the general Non Destructive Testing (NDT) industry.
The acquisition will strengthen and expand the product portfolio of Saki Corporation to
further consolidate its position as the global leading provider of automatic inspection
solutions. Both companies, together, will meet wider customers needs and have a greater
opportunity to reach new markets, particularly in the area of non-destructive testing.
We have been enjoying a large share of the automatic optical inspection market by
utilizing Intelligent Machine Vision (IMV) robot vision technology. The X-ray inspection
technology in ball grid arrays and non-destructive means of testing that MSTL boasts are
exactly what we need to complement our existing products, says Sakie Akiyama, Chief
Executive Officer and President of Saki Corporation. I can see that both technologies will
become the industrys mainstream, and the completed product portfolio can secure our
position as the global top brand and get ourselves ready to reap the new markets when
the time comes.
Saki Corporation will gradually acquire a majority interest in MSTL, while Schmidt
Electronics Group Limited will retain a minority interest. The overall management of the
MSTL operations will be taken over by Saki within a reasonable timeframe.
Both companies see a high level of synergy in future for collaborative R&D activities that
will create a new dimension of inspection solutions not only for current inspection and
testing requirements but also for future demands driven by highly complex and highly
integrated packaging and materials technologies for the electronics, automotive, medical,
aerospace and information technology industries. MSTL will now be able to capitalize on
the worldwide sales and marketing network of Saki Corporation to further increase its
market presence and penetration. On the other hand, the valuable human and knowledge
assets of MSTL will play an important part in Sakis future business growth, says Klaus
Festl, Chairman and Chief Executive Officer of Schmidt Electronics Group. Both
companies also share the same vision in the automatic inspection arena and I believe that
the integration will be smooth and successful.
About Saki Corporation
Established in 1994, Saki Corporation has, in a short period of time, acquired a worldwide
position in the field of automatic visual-inspection equipment for electronic parts mounting
processes utilizing robotic vision technology. The Company has obtained this goal guided
by its corporate principal Challenging the creation of new value. Drawn by this spirit,
Saki has continued to maintain stable growth over the long term with an aim to secure the
top position in the global market for its brand name products. The company is
headquartered in Tokyo, Japan with operation around the world with 200 employees in
over 10 countries. For more information, please visit www.sakicorp.com.
About Schmidt Electronics Group Limited
Schmidt Electronics Group Limited is a leading multidisciplinary conglomerate, which has
provided integrated technology and electronics products in Asia for over 110 years.
Leveraging a well-established brand, the Group offers a bundle of value-added products
and services to a broad and diverse base of customers, ranging from automatic
identification solutions, industrial materials, X-ray inspection systems, prototyping and high
quality manufacturing services, to testing and production equipment for the electronics
industry. The Group is headquartered in Hong Kong and currently operates around the
world with 800 employees in over 10 countries. For more information, please visit
About MacroScience Technology Limited
MacroScience Technology Limited is a technology start-up company providing leading
edge intellectual property, technology and products in the area of X-Ray inspection. The
company is now a proprietary owner of X-Ray inspection systems, offering products and
solutions focusing on X-Ray technology for the inspection of mechanical and electronic
components for the electronics SMT industry and the general Non Destructive Testing
(NDT) industry. For more information, please visit www.macroscience-technology.com.