Global PMI Partners supports Merger of Nanometrics and Rudolph Technologies to create Onto Innovation
October 2019 | Press Release
Publicly traded Nanometrics Incorporated and Rudolph Technologies, Inc. engaged Global PMI Partners to provide the acquisition integration services of IMO MobilizationSM to establish Onto Innovation, Inc. (NYSE ONTO)
Onto Innovation, headquartered in Wilmington, Massachusetts, is expected to be the fourth largest semiconductor capital equipment supplier by revenue in the U.S. and a top 15 semiconductor equipment company by revenue worldwide, based on Gartner’s most recent semiconductor wafer fab equipment market share report, released in April 2019.
Global PMI Partners deliverables included implementing IMO MobilizationSM, a proven approach to tightly manage M&A integration, leveraging internal team members to optimize integration synergy and to reduce transaction risk.
Mike Plisinski, CEO of Onto Innovation, stated: “We a very impressed with the clarity and efficiency that IMO Mobilization brought to our merger of equals. IMO Mobilization provides a strong foundation for acquisition integration governance, process, and tools as we consider future inorganic growth.”
Rich Rogoff led integration efforts internally at Onto Innovation and Stefan Hofmeyer led the engaged Global PMI Partners’ team.
About Global PMI Partners
Global PMI Partners is a M&A integration consulting firm, specializing in post-merger integration, that helps mid-market companies around the world by delivering exceptional consistency, speed and customized execution on the complex operational, technical and cultural issues that are critical to M&A success.