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Posted: Jul 31, 2013
Nanolab Technologies Accelerates Growth by Acquiring FIB Lab, Inc.
(Nanowerk News) Nanolab Technologies, Inc. has acquired FIB Lab, Inc., a well-established Silicon Valley analytical lab founded in 1992 that supplies Focused Ion Bean (FIB) Circuit Edit services to the semiconductor industry. The acquisition continues the growth path set by Nanolab, which opened its new state-of-the-art analytical services laboratory in Silicon Valley in 2011, a second lab operation at the Center for Nanoscale Science and Engineering (CNSE) in Albany, NY in 2011 and has plans for a new Failure Analysis (FA) Center of Excellence to be located in Orange County, CA.
FIB Lab, Inc. will continue its operations in its current location until the completion of an advanced FIB Edit Center located at Nanolab world headquarters in Milpitas, CA. Nanolab will acquire all equipment assets of the company and also hire several FIB Lab employees.
"This acquisition is the first step in our company's plan to accelerate growth in key market sectors, leveraging the investments that we have made since 2007 in leading-edge analytical instruments and laboratory facilities," stated John P. Traub, President and CEO. "Strategic acquisitions will complement our current expansion plans for our Silicon Valley and Albany, NY, lab operations and our new Center of Excellence in Southern California."
FIB Lab, Inc. founder and general manager, Raymond Tang, commented, "I am very pleased that we will now have the management and financial resources to keep pace with the changing requirements of advanced technology. The new FIB Edit Center at Nanolab will provide to our customers leading-edge services in sub-micron defect analysis."
Albany NanoTech expansion
Nanolab Technologies completed the first phase of a multi-year expansion at CNSE NanoTech complex in 2011. Future investments by Nanolab at CNSE are planned in Q1 2014, including the creation of a new Center of Excellence for Surface Analysis to complement the company's established microscopy and materials analysis businesses. The Centers of Excellence concept will gain momentum with the addition of the FIB Circuit Edit center in Milpitas and the Failure Analysis (FA) center in Orange County.
About Nanolab Technologies
Nanolab Technologies provides knowledge-based analytical services for advanced microscopy, chemical analysis, electrical failure analysis, materials analysis, FIB circuit edit, and defect analysis to the semiconductor, solar, MEMS, LED, medical device and other high technologies industries. A private, employee-owned company, Nanolab Technologies designed and occupies a 48,000 square foot, advanced laboratory in Silicon Valley to maximize the performance of leading-edge Extreme High Spatial Resolution instruments to meet the requirements of current and future technology nodes. A second facility is located at the College of Nanoscale Science and Engineering (CNSE) at the University of Albany. www.nanolabtechnologies.com
About FIB Lab, Inc.
FIB Lab, Inc. was founded in 1992 by Silicon Valley engineers to service integrated circuit design and magnetic head businesses. Yun Tang purchased the company in 2008 and it now provides FIB services for on-chip circuit modifications, decapsulation and product failure analysis. www.fiblab.com