Morrison & Foerster advised Microfabrica, the leader in high-volume production, microscale additive manufacturing, in its sale to Technoprobe, a global leader in the microelectronics/semiconductor test industry. The deal is part of Technoprobe’s US$100 million 2019-2020 self-funded technological investment plan, and, when closed, will allow Microfabrica to continue operating independently from its Van Nuys, California, headquarters.
Microfabrica designs and builds robust microscale solutions by integrating the flexibility of 3D printing with the precision of advanced semiconductor manufacturing processes. The acquisition joins together two technological leaders in their fields, with the goal of accelerating the pace of innovation and launching a variety of breakthrough products for the SOC and memory market segments.
The MoFo team was led by Palo Alto corporate finance partner Paul 'Chip' L. Lion III, co-head of the firm’s Private Funds Group, and included Palo Alto corporate associates Shannon E. Sibold and William Wynn Stateman.
Read the related press release here.