SemiGen Inc. announces the acquisition of Ion Beam Milling of Manchester, N.H.
Ion Beam Milling is a 35-year-old manufacturing company who pioneered several thin film circuit processing techniques using innovative ion beam milling approaches. They have serviced the RF and microwave industry with thin film products and fabrication services which include custom and standard attenuators, filters, heat spreaders, high-power resistors, laser diode sub-mounts, lange couplers, planar chip inductors and transmission lines, to name a few.
To realize the synergies between the two companies, all Ion Beam Milling fabrication equipment and their entire staff will be transitioned into SemiGen’s 43,000 sq. ft facility in Londonderry, N.H. over the next three months. This modern facility contains multiple clean rooms including a fully renovated wafer fabrication area to support the additional product line.
“Gail and I are happy to have found a buyer like SemiGen who understands the business and will continue to service our customers while providing long term stability to our staff,” said Bob Quagan, founder of Ion Beam Milling.
Jim Barrett, president of Ion Beam will be assisting in the transition of the company. While this plan is developed, there will be no changes in the business operations of Ion Beam Milling.
“We’re very excited about this key acquisition,” said Jim Morgan, CEO of SemiGen. “It’s enabled us to make the strategic move into thin film while leveraging our current offerings. Ion Beam Milling has an exceptional heritage that we expect to build on.”