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Aehr Test Systems Closes Acquisition of Incal Technology
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Aehr Test Systems Closes Acquisition of Incal Technology
Aug 1, 2024 9:44 AM

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

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