Averna Expands its Asian and North American Footprint with the Acquisition of Global Equipment Services, Inc. from Kimball Electronics, Inc.
Averna, a global test & quality solutions provider, has acquired Global Equipment Services, Inc. (GES) from Kimball Electronics, Inc. (Nasdaq: KE). This strategic move expands Averna's presence in Asia and North America, adding 600 new employees and offices in Vietnam, China, India, Japan, and Silicon Valley. The acquisition creates one of the largest independent system integrators in test automation, with 1,200 employees across 20 offices in 11 countries.
GES specializes in automation, test, and measurement solutions for industries like consumer electronics, semiconductor, and medical devices. The merger combines both companies' strengths, enhancing Averna's global footprint and technical capabilities. With this acquisition, Averna gains 160,000 ft² of new manufacturing space, including class 100K and 10K clean rooms, positioning itself to tackle large-scale customer challenges worldwide.
Averna, fornitore globale di soluzioni per test e qualità, ha acquisito Global Equipment Services, Inc. (GES) da Kimball Electronics, Inc. (Nasdaq: KE). Questa mossa strategica espande la presenza di Averna in Asia e Nord America, aggiungendo 600 nuovi dipendenti e uffici in Vietnam, Cina, India, Giappone e Silicon Valley. L'acquisizione crea uno dei più grandi integratori di sistema indipendenti nell'automazione dei test, con 1.200 dipendenti in 20 uffici in 11 paesi.
GES è specializzata in soluzioni di automazione, test e misurazione per settori come l'elettronica di consumo, i semiconduttori e i dispositivi medici. La fusione combina i punti di forza di entrambe le aziende, migliorando l'impronta globale di Averna e le sue capacità tecniche. Con quest'acquisizione, Averna guadagna 160.000 ft² di nuovo spazio di produzione, comprese stanze bianche di classe 100K e 10K, posizionandosi per affrontare le sfide dei clienti su larga scala in tutto il mondo.
Averna, proveedor global de soluciones de prueba y calidad, ha adquirido Global Equipment Services, Inc. (GES) de Kimball Electronics, Inc. (Nasdaq: KE). Este movimiento estratégico amplía la presencia de Averna en Asia y América del Norte, añadiendo 600 nuevos empleados y oficinas en Vietnam, China, India, Japón y Silicon Valley. La adquisición crea uno de los mayores integradores de sistemas independientes en automatización de pruebas, con 1,200 empleados en 20 oficinas en 11 países.
GES se especializa en soluciones de automatización, prueba y medición para industrias como la electrónica de consumo, semiconductores y dispositivos médicos. La fusión combina las fortalezas de ambas empresas, mejorando la huella global de Averna y sus capacidades técnicas. Con esta adquisición, Averna obtiene 160,000 ft² de nuevo espacio de fabricación, incluidos ambientes controlados de clase 100K y 10K, posicionándose para enfrentar desafíos de clientes a gran escala en todo el mundo.
Averna는 전 세계 테스트 및 품질 솔루션 제공업체로, Global Equipment Services, Inc. (GES)를 Kimball Electronics, Inc. (Nasdaq: KE)로부터 인수했습니다. 이 전략적 결정은 Averna의 아시아 및 북미 내 존재감을 확대하며, 베트남, 중국, 인도, 일본 및 실리콘밸리에 600명의 신규 직원과 사무소를 추가합니다. 이번 인수는 11개국에 20개의 사무소와 1,200명의 직원을 둔 가장 큰 독립 시스템 통합자 중 하나를 만듭니다.
GES는 소비자 전자제품, 반도체 및 의료 기기와 같은 산업을 위한 자동화, 테스트 및 측정 솔루션을 전문으로 합니다. 이번 합병은 두 회사의 강점을 결합하여 Averna의 글로벌 입지와 기술 역량을 향상시킵니다. 이 인수를 통해 Averna는 160,000 ft²의 새로운 제조 공간을 확보하게 되며, 100K 및 10K 클래스의 클린룸을 포함하여 전 세계 대규모 고객의 문제를 해결할 수 있는 준비를 갖추게 됩니다.
Averna, fournisseur mondial de solutions de test et de qualité, a acquis Global Equipment Services, Inc. (GES) de Kimball Electronics, Inc. (Nasdaq: KE). Ce mouvement stratégique élargit la présence d'Averna en Asie et en Amérique du Nord, ajoutant 600 nouveaux employés et des bureaux au Vietnam, en Chine, en Inde, au Japon et dans la Silicon Valley. Cette acquisition crée l'un des plus grands intégrateurs de systèmes indépendants en automatisation des tests, avec 1 200 employés dans 20 bureaux dans 11 pays.
GES se spécialise dans les solutions d'automatisation, de test et de mesure pour des secteurs tels que l'électronique grand public, les semi-conducteurs et les dispositifs médicaux. La fusion combine les forces des deux entreprises, renforçant l'empreinte mondiale et les capacités techniques d'Averna. Grâce à cette acquisition, Averna obtient 160 000 ft² de nouvel espace de fabrication, y compris des salles blanches de classe 100K et 10K, se positionnant ainsi pour relever les défis des clients à grande échelle dans le monde entier.
Averna, ein globaler Anbieter von Test- und Qualitätslösungen, hat Global Equipment Services, Inc. (GES) von Kimball Electronics, Inc. (Nasdaq: KE) übernommen. Dieser strategische Schritt erweitert die Präsenz von Averna in Asien und Nordamerika und fügt 600 neue Mitarbeiter sowie Büros in Vietnam, China, Indien, Japan und dem Silicon Valley hinzu. Die Übernahme schafft einen der größten unabhängigen Systemintegratoren in der Testautomatisierung mit 1.200 Mitarbeitern in 20 Büros in 11 Ländern.
GES ist auf Automatisierungs-, Test- und Messtechniklösungen für Branchen wie Unterhaltungselektronik, Halbleiter und medizinische Geräte spezialisiert. Die Fusion kombiniert die Stärken beider Unternehmen und verbessert den globalen Fußabdruck und die technischen Fähigkeiten von Averna. Mit dieser Übernahme gewinnt Averna 160.000 ft² neue Produktionsfläche, einschließlich Klasse 100K und 10K Reinräume, und positioniert sich, um weltweite Herausforderungen von Großkunden zu bewältigen.
- Expansion into key Asian markets and Silicon Valley
- Increase in workforce by 600 employees, reaching a total of 1,200
- Addition of 160,000 ft² of manufacturing space, including specialized clean rooms
- Enhanced technical capabilities in automation, vision, and test engineering
- Access to GES's client database and expertise in various industries
- Potential integration challenges with new offices and workforce
- Increased operational complexity due to expanded global presence
Insights
The acquisition of Global Equipment Services (GES) by Averna represents a significant expansion of Averna's global footprint, particularly in Asia and North America. This move is likely to have positive implications for Averna's market position and potential revenue growth:
- Increased global presence: Averna now has 1,200 employees across 20 offices in 11 countries, making it one of the largest independent system integrators in test automation.
- Enhanced capabilities: The acquisition adds expertise in optical metrology, defect detection and micro-alignment, complementing Averna's existing services.
- Expanded customer base: GES brings relationships with OEMs and Contract Manufacturers, potentially opening new revenue streams for Averna.
- Increased manufacturing capacity: The addition of 160,000 ft² of manufacturing space, including specialized clean rooms, positions Averna to take on larger projects.
From a financial perspective, while specific figures aren't provided, this acquisition likely represents a substantial investment for Averna. The potential for increased revenue and market share should be weighed against integration costs and potential challenges in managing a significantly larger, more geographically diverse organization. Investors should monitor Averna's financial reports in the coming quarters to assess the impact of this acquisition on revenue growth and profitability.
This acquisition signifies a strategic shift in the test and quality solutions market. By combining Averna's strengths with GES's capabilities, we're seeing a consolidation trend that could reshape the competitive landscape:
- Market positioning: Averna is now better positioned to compete with larger players in the global test automation market.
- Geographic expansion: The new presence in key Asian markets like Vietnam, China and India aligns with the shift of manufacturing and R&D activities to these regions.
- Industry focus: The acquisition enhances Averna's capabilities in consumer electronics, semiconductor and medical devices sectors, which are high-growth areas in the current market.
- Supply chain integration: With operations closer to both OEMs and Contract Manufacturers, Averna can now offer more integrated solutions across the supply chain.
This move could trigger similar consolidations in the industry as competitors seek to match Averna's expanded capabilities and global reach. For investors, this presents an opportunity to reassess the growth potential of companies in the test and quality solutions sector, particularly those with a strong presence in Asia. The acquisition also highlights the increasing importance of having a global footprint in this industry, which could influence future investment decisions in the sector.
The merger of Averna and GES brings together complementary technologies that could lead to significant advancements in test automation and quality assurance:
- Expanded technical capabilities: GES's expertise in optical metrology, image processing and micro-alignment complements Averna's existing test solutions, potentially leading to more comprehensive and innovative offerings.
- Clean room facilities: The addition of class 100K and 10K clean rooms enables Averna to tackle high-precision projects in semiconductor and medical device industries.
- Diverse application portfolio: The combined entity can now address a wider range of applications, from functional testing to cosmetic inspection and assembly, across multiple industries.
- R&D synergies: With a presence in major tech hubs like Silicon Valley and various Asian centers, Averna is well-positioned to tap into global innovation ecosystems.
This technological consolidation could accelerate the development of next-generation test and quality solutions. For instance, we might see advancements in AI-driven defect detection or IoT-enabled test systems that leverage the combined expertise of both companies. Investors should watch for new product announcements or patents filed by Averna in the coming months, as these could indicate the success of the technological integration and potential future revenue streams.
600 new employees will be based in
This strategic acquisition combines both companies' strengths and footprint to create one of the largest independent system integrators in test automation with 1,200 employees across 20 offices within 11 countries. New Averna locations will include
"As our global customers' operations spread across all continents, it was important for us to join forces with the right team and establish a significant presence in diverse geographies in
GES customers include both Original Equipment Manufacturers (OEMs) as well as their Contract Manufacturers (CMs). Core technical capabilities include optical metrology and defect detection, image processing/software, and micro-alignment of components/parts for products. GES offers a wide scope of automation and inspection equipment, including functional testing, cosmetic inspection, and assembly applications across all markets.
"Being part of Kimball Electronics, we have been exposed to many large-scale projects." said Chris Thyen former Vice President, New Platforms at GES and now Vice-President, Averna APAC. "By joining forces with Averna, not only will we be exposed to a new landscape of test, but we can share our expertise in different areas of quality innovation."
This acquisition solidifies Averna as a leader in test, measurement, and quality. By adding over 160,000 ft² of new manufacturing space, including class 100K and 10K clean rooms, Averna is solidly prepared to take on large customer challenges, anywhere in the world.
For more information on Averna, please visit their website.
About Averna
As a global test & quality solution integrator, Averna partners with product designers, developers, and OEMs to help them achieve higher product quality, accelerate time to market and protect their brands. Founded in 1999, Averna offers specialized expertise and innovative test, vision inspection, precision assembly and automated solutions that deliver substantial technical, financial and market benefits for clients in the aerospace, automotive, consumer electronics, energy, industrials, medical devices & life sciences, semiconductor, telecom and other industries. Averna has offices around the world, numerous industry certifications such as ISO 9001:2015, ITAR registration, and is partnered with NI, Eclipse Automation, PI, Keysight Technologies and JOT Automation. www.averna.com
© Copyright 2024 Averna. All rights reserved. Information subject to change without notice. Averna is a trademark of Averna Technologies Inc.
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SOURCE Averna Technologies Inc.
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