Rigaku Forms Capital and Business Alliance with Onto Innovation in Semiconductor Metrology

Rigaku Holdings Corporation ( (JP:268A) ) just unveiled an announcement.

Rigaku Holdings Corporation has entered into a capital and business alliance with U.S.-based Onto Innovation Inc., tied to Onto Innovation’s planned acquisition of a 27.0% stake in Rigaku from Atom Investment, L.P. The deal is expected to change Rigaku’s largest and principal shareholder profile and deepen an already ongoing joint development effort in hybrid metrology solutions for advanced semiconductors.

Under the alliance, the companies will expand collaboration across research and development, go-to-market activities, and manufacturing and supply chain, combining Rigaku’s X-ray-based CD-SAXS product line with Onto Innovation’s software and analytics. The partners aim to strengthen competitiveness in next-generation semiconductor metrology, accelerate Rigaku’s entry into back-end processes, leverage Onto Innovation’s global customer base, and build a new market estimated at a serviceable available market of at least USD300 million by 2030.

The most recent analyst rating on (JP:268A) stock is a Buy with a Yen1300.00 price target. To see the full list of analyst forecasts on Rigaku Holdings Corporation stock, see the JP:268A Stock Forecast page.

More about Rigaku Holdings Corporation

Rigaku Holdings Corporation is a Japan-based manufacturer of industrial and research analysis equipment, specializing in advanced X-ray analysis technologies. With over 2,000 employees worldwide, the company focuses on semiconductor process control, supplying metrology instruments for advanced semiconductor applications and achieving robust annual revenue growth of about 20% in this segment.

Average Trading Volume: 3,452,816

Technical Sentiment Signal: Buy

Current Market Cap: Yen529.5B

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