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Verigy Agrees To Acquire Inovys Corp

Friday, December 07, 2007 6:15:00 AM PDT | VentureDeal Staff

CUPERTINO, CA -- Semiconductor company Verigy (Nasdaq: VRGY) announced a definitive agreement to acquire Inovys Corporation.

Inovys provides the semiconductor industry with solutions for design debug, failure analysis and yield acceleration for complex semiconductor devices.

The acquisition provides Verigy with a bridge between electronic design automation (EDA) services and full testing services.  Financial terms of the agreement were not disclosed.

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