Orbotech Acquires UK SPTS Technologies For $370M

July 8, 2014 | Israeli company Orbotech has signed an agreement to acquire UK-based SPTS Technologies Group from European private equity group Bridgeport and others for $370 million. SPTS specializes in the production of etch, deposition and thermal processing equipment for the microelectronics industry. Orbotech, the producer of automated optical inspection equipment based in Yavne, Israel, hopes to accelerate its growth, to move up the electronic value chain, and to increase its presence in Europe and North America following the purchase.