On December 16, 2024, Cohu, a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, announced that it entered into a definitive agreement to acquire Tignis, a provider of artificial intelligence (AI) process control and analytics-based monitoring software. Wilson Sonsini Goodrich & Rosati advised Cohu on the transaction.

The strategic acquisition will bolster Cohu's analytics offerings in the $2.6 billion semiconductor process control market and deepen the company's expertise in data science and integrating advanced analytics into its DI-Core software. The deal is expected to close in January 2025 and terms of the transaction were not disclosed.

The Wilson Sonsini team that advised Cohu includes:

M&A
Rich Mullen
David Adler
Ryan Cooper
Melis Kilic

Technology Transactions
Barath Chari
Rosalind Schonwald
Morgan Kasenchak

Privacy and Cybersecurity
Matt Staples
Daniel Chen
Dantam Le

Tax
Myra Sutanto Shen
Beau Brawner

Employee Benefits and Compensation
Brandon Gantus
Jessica Bliss

Employment
Matt Gorman
Lucas Carter

Export Control
Tarek Helou
Anne Seymour
Seth Cowell

Real Estate
Susan Reinstra
Martin Sul
Matthew Parsons

For more information, please see Cohu’s news release. Additional coverage can be found on MarketWatch.