MicroProbe Acquired by Institutional Investor Syndicate - 7/15/2008
MicroProbe Incorporated, a leading supplier of advanced probe cards
to the semiconductor industry, announced today that it has been
acquired by an investment group lead by Flywheel Ventures.
John Parizek, President of MicroProbe commented, "We are looking
forward to drawing on the new investment group's expertise and financial
strength to support our future plans."
Mike Slessor, who is joining the MicroProbe
team as CEO, said, "MicroProbe has built a strong foundation for growth,
and I am very excited to be part of this innovative company's future."
Along with the acquisition of MicroProbe, the
Flywheel-led group has also acquired Micromanipulator, a leader in
analytical probing.
About MicroProbe
MicroProbe Incorporated is a worldwide
advanced probe card supplier with global manufacturing and service
facilities. Working as a technology leader with their customers,
MicroProbe develops, manufactures, and supports a high quality
innovative line of probe card products including Vertical, Cantilever,
RF and next generation MEMS technologies. MicroProbe Incorporated
is based in Carlsbad, California.
About Flywheel Ventures
Flywheel Ventures is a venture capital firm
that makes investments of first institutional capital in the Mountain
West. Flywheel targets companies based on innovations in
information technology and the physical sciences. The firm matches
talented entrepreneurs and market opportunities with Flywheel's capital,
entrepreneurial experience, and industry relationships to accelerate
innovations into profitable companies. Flywheel is based in Santa
Fe, New Mexico and also has offices in Albuquerque and San Francisco.
For more information on Flywheel, please visit
www.flywheelventures.com
About Micromanipulator
The Micromanipulator Company is a leading
manufacturer of analytical probing solutions for use in semiconductor
test, failure-analysis, and reliability. By collaborating with its
customers and strategic partners, the company aggressively delivers
continuing improvements in quality and cost of engineering tests.
Micromanipulator is based in Carson City, Nevada. For more
information on Micromanipulator, please visit
www.micromanipulator.com |