Staubli Tec-Sem - management buy out

Citation

(1999), "Staubli Tec-Sem - management buy out", Microelectronics International, Vol. 16 No. 2. https://doi.org/10.1108/mi.1999.21816bad.002

Staubli Tec-Sem - management buy out

Stäubli Tec-Sem ­ management buy out

Keywords Management buyouts, Tec-Sem

Effective as of January 1999, the former Tec-Sem division of the Stäubli-Group is operating as an independent privately owned company.

Jakob Blattner, original founder and general manager of Tec-Sem, together with Rudy Federici, who has more than 15 years of experience in product management, sales and marketing of semiconductor equipment, and a third partner, Martin Maelzer, took over all activities of the Tec-Sem division of Stäubli AG, and founded Tec-Sem AG. Owing to the good buy-out conditions of Stäubli AG and the solid financial basis of the three partners, the entire Tec-Sem division including all cleanroom-oriented product lines has been taken over. Financial details of the transaction were not disclosed.

Tec-Sem's headquarters will be located in Tägerwilen, Switzerland, the previous location for R&D and production. Rudy Federici will reorganize the sales department.

Tec-Sem will further develop the current product range, focusing on cleanroom applications in the front-end of the semiconductor industry. The main products are: fully automated storage and management systems for reticles/masks and wafers, as well as complex loading systems (OEM products) for semiconductor process equipment. For the new 300mm Wafersize, Tec-Sem already offers fully developed and approved product lines.