Kulicke & Soffa agrees to acquire Advanced Jet Automation, expanding dispensing capabilities

KULICKE & SOFFA INDUSTRIES INC

Subsidiary K&S Luxembourg signs definitive agreement to acquire AJA and certain dispensing assets from Samurai Spirit Inc.
Acquisition expected to close in Q2 of fiscal 2023 (by March 2023), subject to regulatory approvals.
AJA's high-precision dispensing technology complements K&S's PIXALUX system for mini LED and advanced packaging.
Dispensing equipment market expected to approach $2B in calendar 2023, providing new growth opportunities.
No purchase price or financial terms disclosed.

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