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Aehr Test Systems (AEHR) has issued an announcement.
Aehr Test Systems has agreed to acquire Incal Technology, Inc. for $21 million, broadening its reach in the reliability/burn-in test solutions market. This strategic move involves a mix of cash payment and stock issuance, enhancing the company’s product range and market position. The acquisition, subject to standard closing conditions, is expected to finalize within 60 days, signaling a confident step forward for Aehr Test Systems in its growth trajectory.
See more data about AEHR stock on TipRanks’ Stock Analysis page.
