PDF Solutions Completes secureWISE Acquisition

MT Newswires Live

2025/03/08

PDF Solutions (PDFS) said Friday it completed the acquisition of secureWISE from Telit IOT Solutions Inc.

Financial details weren't disclosed, but the company said last month it agreed to acquire secureWISE for $130 million in cash, funded through a combination of cash on hand and $70 million in new bank debt.

SecureWISE is a secure, remote connectivity solution for the semiconductor manufacturing equipment industry, the company said.

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