Info
Info
News Article

Riber Acquires US Service And Equipment Company

MBE Control Solutions strengthens Riber's activities in the US

Riber, a global specialist for molecular beam epitaxy, has announed its acquisition of MBE Control Solutions based in Santa Barbara, USA.

Founded in 2005, MBE Control Solutions is one of California's leading MBE service and equipment firms. With its software and automation expertise, MBE Control Solutions has developed a strong reputation for maintenance and refurbishment services covering all types of MBE systems.

The company has sophisticated infrastructures (clean room, CNC power tools, etc.) to ensure its quality of service and responsiveness.

MBE Control Solutions generated $1.2 million of revenues in 2014 and employs five people. With its recurring revenues and streamlined cost structure, the acquisition of MBE Control Solutions will be accretive for Riber.

The acquisition of MBE Control Solutions will be financed by using virtually all the treasury shares held by Riber, which were assigned to the external growth objective (representing nearly 1 percent of Riber's capital).

MBE Founder Andy Jackson will head the operations of the company in the US.

Chairman and CEO of MBE Control Solutions, explains: "By combining Riber's extensive portfolio of sources and systems with our advanced manufacturing capabilities and expertise in MBE process control, we will be able to serve our customers more effectively. Furthermore, Riber's global commercial network will provide a much broader audience for our products. Finally and perhaps most importantly, our alliance with Riber is the opportunity to continue innovating and improving our products and services."

As Frédérick Goutard, chairman of the executive board, concludes: "Our acquisition of MBE Control Solutions will enable us to ramp up our development on a vital market for semiconductor research and innovation. The operational and commercial synergies between our two companies will pave the way for us to significantly strengthen the quality of our services and our growth forecasts in North America. With this in mind, I am delighted that Andy Jackson and his team are joining Riber. Their vast experience and knowledge of the market will be crucial assets as we continue moving forward with our project for profitable growth together".



AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FOR FREE

VIEW SESSIONS

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event