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CyberOptics Corporation Acquired by Nordson Corporation

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Nordson Corporation has successfully completed its acquisition of CyberOptics (NASDAQ: CYBE), announced on August 8, 2022. This strategic acquisition enhances Nordson's presence in the semiconductor and electronics sectors, leveraging CyberOptics' advanced high-precision sensor technologies. These innovations aim to improve customer yield, streamline processes, and boost productivity across industries.

Positive
  • Acquisition enhances Nordson's position in semiconductor and electronics markets.
  • CyberOptics' high-precision sensors expected to improve yields and productivity.
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  • None.

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics® Corporation (NASDAQ: CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions, today announced Nordson Corporation (“the Company”) has completed its acquisition of CyberOptics.

The completion of the transaction follows Nordson’s August 8, 2022, announcement that it had entered into an agreement to acquire the business. The acquisition bolsters the Company’s position in the semiconductor and electronics industries with a differentiated, high-precision sensor and system portfolio that improves customers’ yields, processes and productivity.

About CyberOptics

CyberOptics, a wholly owned subsidiary of Nordson Corporation (www.cyberoptics.com) is a leading global developer and manufacturer of high-precision 3D sensing technology solutions. CyberOptics’ sensors are used for inspection and metrology in the SMT and semiconductor markets to significantly improve yields and productivity. By leveraging its leading-edge technologies, the Company has strategically established itself as a global leader in high precision 3D sensors, allowing CyberOptics to further increase its penetration of key vertical markets.

About Nordson

Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

Lara Mahoney

Vice President of Investor Relations, Nordson

440-204-9985

Carla Furanna

Vice President of Global Marketing, CyberOptics

952-820-5837

Source: CyberOptics Corporation

FAQ

What is the significance of Nordson's acquisition of CyberOptics on November 3, 2022?

The acquisition strengthens Nordson's market position in semiconductor and electronics by adding advanced high-precision sensing technologies.

How does the acquisition of CyberOptics impact Nordson's growth strategy?

It aligns with Nordson's strategy to enhance productivity and yield improvements for its customers in critical markets.

What technologies does CyberOptics bring to Nordson Corporation?

CyberOptics contributes high-precision sensor technology that is vital for inspection and metrology in the semiconductor sector.

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Semiconductor Equipment & Materials
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United States
Minneapolis