Asian private equity firm MBK Partners has announced its acquisition of an 80% stake in FICT, a Japanese manufacturer known for producing advanced circuit boards. The acquisition, disclosed on Thursday, is from Tokyo-based Advantage Partners, the current owner of FICT. FormFactor, a U.S. chip tool supplier, will purchase the remaining 20% share, completing the transaction.
FICT has garnered significant attention for its role in manufacturing circuit boards for the Fugaku supercomputer. Situated at the Riken Center for Computational Science in Kobe, Japan, Fugaku represents a notable achievement in the realm of high-performance computing. The involvement of companies such as MBK Partners and FormFactor in this acquisition underscores the global interest in cutting-edge technology and manufacturing capabilities.
MBK Partners, a prominent Asian private equity firm, has strategically invested in FICT to capitalize on the burgeoning demand for advanced computing technologies. This acquisition marks a significant step for MBK Partners as they expand their influence and investment portfolio within the technology sector.
FormFactor's participation in the deal further highlights the global collaborative efforts required to maintain technological advancement. As a leading U.S. chip tool supplier, FormFactor brings its expertise to enhance FICT's production capabilities, potentially driving further innovations in high-performance computing.
For Advantage Partners, the Tokyo-based firm currently owning FICT, this transaction signifies a shift in ownership that could lead to new growth opportunities for FICT under the stewardship of MBK Partners and FormFactor. The deal aligns with Advantage Partners' strategy to streamline their investment portfolio while enabling FICT to leverage new resources and expertise.
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