FORM FormFactor Inc.

FormFactor Expands Partnership with Advantest

FormFactor Expands Partnership with Advantest

Builds on a multi-year collaboration to accelerate industry innovation in enabling advanced packaging and high-performance-compute

LIVERMORE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a leading supplier of electrical test and measurement solutions for the semiconductor industry, announced today that it has entered into technology partnership and share purchase agreements with Advantest Corporation (TSE: 6857). The expanded partnership and purchase of FormFactor shares by Advantest build upon a multi-year collaboration between the companies, including FormFactor’s 2020 purchase of Advantest’s probe-card assets and the recent announcement to partner in developing wafer-level test cells for high-volume manufacturing of silicon photonics integrated circuits.

With the adoption of advanced packaging, wafer-level test is increasingly important for leading-edge semiconductor manufacturing, especially for the high-performance-compute devices powering generative-AI applications. Close collaboration between suppliers of test-cell components like probe cards and Automated Test Equipment (ATE) has become critical to reliably delivering high-performance test solutions to the companies’ shared customers’ aggressive timelines. This expansion of the already-strong relationship between Advantest and FormFactor is designed to accelerate the delivery of these test solutions that will enable the next generation of semiconductor industry innovation.

The issuance of approximately 335,000 shares at $44.78 per share under the share purchase agreement is not expected to have a material impact on FormFactor’s financial statements.

About FormFactor

FormFactor, Inc. (NASDAQ: FORM) is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the federal securities laws, including statements regarding the Company’s expectations as to opportunities for the technology partnership between Advantest and it, and the expected benefits of expansion of the ongoing collaboration. These statements are based on management’s current expectations and beliefs as of the date of this release, and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: unanticipated technological and other difficulties arising in connection with the performance of the parties under the collaboration; failure of the share-purchase transaction to close when expected or at all; changes in demand for the products of the Company or Advantest; changes in anticipated industry trends; the availability, benefits, and speed of customer acceptance or implementation of new products and technologies; changes in macro-economic environments; events affecting global and regional economic and market conditions and stability such as military conflicts, political volatility, infectious diseases and pandemics, and similar factors, operating separately or in combination; and other factors, including those set forth in the Company’s most current annual report on Form 10-K, quarterly reports on Form 10-Q and other filings by the Company with the U.S. Securities and Exchange Commission. No assurances can be given that any of the events anticipated by the forward-looking statements within this press release will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Unless required by law, the Company is under no obligation (and expressly disclaims any such obligation) to update or revise its forward-looking statements whether as a result of new information, future events, or otherwise.

Investor Contact

Stan Finkelstein

Investor Relations

(925) 290-4273



EN
07/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FormFactor Inc.

 PRESS RELEASE

FormFactor, Inc. Announces Purchase of New Manufacturing Facility

FormFactor, Inc. Announces Purchase of New Manufacturing Facility Fit-for-purpose Facility Will Provide Significant Operational Flexibility as the Company Continues to Execute on its Long-Term Growth Strategy LIVERMORE, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a leading provider of test and measurement technologies for the semiconductor industry, today announced that it has purchased a manufacturing site in Farmers Branch, Texas. The site, which comprises four structures and includes 50,000 square feet of clean room space, was purchased for $55 million...

 PRESS RELEASE

FormFactor Named #1 Global Supplier in Test Subsystems and Focused Chi...

FormFactor Named #1 Global Supplier in Test Subsystems and Focused Chip Making Equipment Company Receives Five-Star Ratings in 2025 Global Semiconductor Industry Customer Satisfaction Survey LIVERMORE, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a leading semiconductor test and measurement supplier, has been named the #1 global supplier in both the Test Subsystems and Focused Chip Making Equipment categories in TechInsights’ 2025 global semiconductor industry customer satisfaction survey. The company earned five-star ratings in multiple categories, includin...

 PRESS RELEASE

FormFactor Announces Participation at Upcoming Conferences

FormFactor Announces Participation at Upcoming Conferences LIVERMORE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conferences: Stifel 2025 Boston Cross Sector 1x1 ConferenceLocation: The InterContinental BostonDate: June 3rd - 4th, 2025Format: 1:1’s Only 1st Annual D.A. Davidson Technology & Consumer ConferenceLocation: Four Seasons NashvilleDate: June 10th, 2025Format: 1:1’s Only About FormFactor: FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurem...

MarketLine Department
  • MarketLine Department

Micron Technology, Inc. - Mergers & Acquisitions (M&A), Partnerships &...

Summary Marketline's Micron Technology, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Micron Technology, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and...

 PRESS RELEASE

FormFactor Announces Participation at Upcoming Conferences

FormFactor Announces Participation at Upcoming Conferences LIVERMORE, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conferences: B. Riley 25th Annual Investor ConferenceLocation: The Ritz-Carlton, Marina del ReyDate: May 21st - 22nd, 2025Format: 1:1’s Only Craig-Hallum 22nd Annual Institutional Investor ConferenceLocation: Depot Renaissance Hotel MinneapolisDate: May 28th, 2025Format: 1:1’s Only TD Cowen 53rd Annual Technology, Media & Telecom ConferenceLocation: InterContinental New York Barc...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch