12:18 PM EDT, 08/01/2024 (MT Newswires) -- Aehr Test Systems ( AEHR ) said Thursday it closed the acquisition of Incal Technology, which makes packaged part reliability and burn-in test solutions for semiconductor manufacturers.
Aehr announced the acquisition for $21 million in cash and stock on July 16.
Shares of Aehr slumped 9.2% in recent Thursday trading.
Price: 17.14, Change: -1.74, Percent Change: -9.19