Mycronic moves into semiconductors with French MRAM buy
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MRAM test system developer Hprobe in France has been acquired by Swedish production equipment maker Mycronic as part of a move into the semiconductor market.
Hprobe in Grenoble develops turnkey semiconductor Automatic Test Equipment (ATE) for magnetic devices. The acquisition by Mycronic, which makes PCB, die bonding and photonic wire bonding equipment, will provide access to global infrastructure to expand across Asia, North America, and Europe. It will also accelerating technology and product roadmaps at Hprobe to meet growing demand for wafer testing of advanced MRAM and next-generation TMR sensors.
The business, which has a staff of 14 and sales of €4m in 2024, will operate as a new business line within Mycronic’s Global Technologies division. The terms of the deal were not disclosed.
“Mycronic has identified wafer and semiconductor tests as an attractive expansion area. Hprobe fits very well into this space with its unique technology, where a strong magnetic field is generated quickly over a large area. Hprobe has the potential of turning into a critical supplier for the MRAM test market. AI, VR, AR and the automotive industry all constitute emerging growth opportunities for Hprobe, and through their solutions, Mycronic can participate in this exciting development,” says Magnus Marthinsson, Sr VP Global Technologies at Mycronic.
Testing MRAM is a key requirement for chipmakers looking for non-volatile memory below 22nm where flash memory is not reliable.
“Joining Mycronic marks a significant milestone for Hprobe. This acquisition will enable us to scale operations, accelerate innovation, and better serve our customers worldwide,” said Laurent Lebrun, CEO of Hprobe.
“With Mycronic’s global reach and resources, we are well-positioned to drive the future of magnetic device testing. Together, we will advance MRAM and sensor testing to support industry growth.”
Hprobe is a spin-off company of Spintec, one of the leading spintronics research laboratories worldwide, and designs, manufactures, and markets equipment for wafer-level testing of magnetic devices in the semiconductor industry
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