Search company, investor...

Inspectrology

inspectrology.com

Stage

Acquired | Acquired

About Inspectrology

Inspectrology is a supplier of overlay metrology for controlling lithography and etch processes in the compound semiconductor market.On January 7th, 2021, Inspectrology was acquired by Onto Innovation. Terms of the transaction were not disclosed.

Headquarters Location

142 North Road Suite N

Sudbury, Massachusetts, 01776,

United States

978-212-3100

Missing: Inspectrology's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Inspectrology's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Inspectrology Patents

Inspectrology has filed 1 patent.

The 3 most popular patent topics include:

  • Feature detection (computer vision)
  • Image processing
  • Lithography (microfabrication)
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/8/2017

10/15/2019

Rotational symmetry, Semiconductor device fabrication, Feature detection (computer vision), Image processing, Lithography (microfabrication)

Grant

Application Date

6/8/2017

Grant Date

10/15/2019

Title

Related Topics

Rotational symmetry, Semiconductor device fabrication, Feature detection (computer vision), Image processing, Lithography (microfabrication)

Status

Grant

Latest Inspectrology News

Microtech Ventures advises Inspectrology in acquisition by Onto Innovation

Jan 15, 2021

Microtech Ventures advises Inspectrology in acquisition by Onto Innovation Microtech Ventures advises Inspectrology in acquisition by Onto Innovation Inspectrology, LLC, a leading supplier of overlay metrology for controlling lithography and etch processes in the compound semiconductor and MEMS market, was acquired by Onto Innovation Inc. on December 31, 2020. The transaction is expected to provide revenue synergies by leveraging Onto Innovation’s broader access to global markets, especially in Asia. The Inspectrology team will be able to leverage Onto Innovation’s R&D resources and larger customer support organization to better serve its customers. “This is a nice strategic fit for Onto Innovation’s portfolio of solutions for the high growth specialty and advanced packaging segment. We see revenue synergies by leveraging our broader access to global markets, especially in Asia, where Onto Innovation has built a broad infrastructure to support our leading position in inspection for this segment. In addition, we see revenue synergies when combined with Onto Innovation’s inspection and software technologies. By combining these technologies, we will offer a more comprehensive process control solution for the lithography cell in the rapidly expanding compound semiconductor market,” said Mike Plisinski, Onto Innovation’s CEO. Dr. Ju Jin, Vice President and General Manager of Onto Innovation’s inspection business said, “We see several growth drivers for the compound semiconductor and specialty semiconductor markets in 2021 and beyond. The rapidly expanding 5G wireless technology, spanning from smartphones and IoT to network equipment and base stations, is increasing the demand for compound semiconductor chips such as power amplifiers, RF filters, and mmWave cells. In addition, hybrid and electric vehicles, chargers, photovoltaic and wind power generators are driving the fast adoption of compound semiconductor power devices.” Inspectrology was advised by Microtech Ventures, Inc., in pursuing and executing the transaction. Paul Knutrud, Inspectrology’s CFO and Vice President said, “Microtech Ventures was key to our M&A process and conducted a comprehensive process to identify the best corporate strategic partner for us in Onto Innovation. Their guidance was essential to successfully completing the transaction.” Paul Knutrud also cited strong cultural fit and synergies between the companies, “As leading suppliers for overlay and CD metrology systems to the compound semiconductor, RF, MEMS, and LED markets, Onto Innovation and Inspectrology are a perfect fit.” Dr. Mike Pinelis, President and CEO of Microtech Ventures said, “We are glad to bring Onto Innovation and Inspectrology together in this deal. As part of this project, we had detailed discussions with 48 companies in the inspection and metrology market segment, and Onto Innovation was the best match for Inspectrology. We see strong strategic synergies and significant growth opportunity for Inspectrology within the Onto Innovation organization.” Inspectrology has supplied optical metrology overlay technology to its customers since 1983. The transaction purchase price represents 1.4x Inspectrology’s 2020 revenue of approximately $20 million. Onto Innovation funded the acquisition and the associated transaction expenses with cash on hand. About Onto Innovation Inc. Onto Innovation ( https://ontoinnovation.com ), headquartered in Wilmington, Massachusetts, is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient. Headquartered in Wilmington, Massachusetts, Onto Innovation supports customers with a worldwide sales and service organization. About Inspectrology, LLC Inspectrology, LLC ( https://www.inspectrology.com ), headquartered in Sudbury, Massachusetts, has supplied optical metrology systems to the semiconductor, compound semiconductor, MEMS and LED industries with since 1983, formerly as IVS and Schlumberger. With offices in North America, Europe and Asia, and a large international installed base, Inspectrology, LLC has the global reach and expertise to support installations worldwide. About Microtech Ventures, Inc. Microtech Ventures ( https://microtechventures.com ), headquartered in Birmingham, Michigan, is focused on strategic venture capital, angel investing, and M&A advisory services. The firm’s mission is to accelerate the development of sensors, MEMS, and microtechnologies for the advancement of civilization and creation of market value. Our deep industry knowledge and extensive network, combined with practical hands-on strategy experience, enables us to quickly identify the connections that result in multiple opportunities to maximize ownership value, and ensure successful outcomes. January 14, 2021 at 10:43 PM | Permalink

Inspectrology Frequently Asked Questions (FAQ)

  • Where is Inspectrology's headquarters?

    Inspectrology's headquarters is located at 142 North Road, Sudbury.

  • What is Inspectrology's latest funding round?

    Inspectrology's latest funding round is Acquired.

  • Who are the investors of Inspectrology?

    Investors of Inspectrology include Onto Innovation.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.