ASE to acquire EEMS Test Singapore from EEMS

TAIPEI, TAIWAN: Advanced Semiconductor Engineering Inc. has entered into a definitive agreement with EEMS Asia Pte Ltd, a subsidiary of EEMS Italia S.p.A, pursuant to which ASE has agreed, subject to the terms of the Sale and Purchase Agreement, to acquire 100% interest in EEMS Test Singapore Pte Ltd. ("EEMS Test Singapore") for an enterprise value of approximately $67.7 million.

The ASE Group is the world's largest provider of independent semiconductor manufacturing services in assembly and test.

As a global leader geared towards meeting the industry's ever growing needs for faster, smaller and higher performance chips, the Group develops and offers a wide portfolio of technology and solutions including IC test program design, front-end engineering test, wafer probe, wafer bump, substrate design and supply, wafer level package, flip chip, system-in-package, final test and electronic manufacturing services through Universal Scientific Industrial Co Ltd, a member of the ASE Group.