Israel’s Camtek Sells Business Unit For $35M

July 23, 2017 | Camtek, an Israeli company that manufactures inspection systems to improve manufacturing of semiconductors, circuit substrates, and printed circuit boards, has signed an agreement with an affiliate of the Shanghai-based private equity fund Principle Capital. Under the agreement, Camtek will sell its printed circuit board (PCB) business for $35 million, shifting to focus solely on semiconductor inspection. The PCB business will remain intact, and is expected to continue to run its R&D operations in Israel. Founded in 1987 by Iris Hirsch, Camtek has been listed on the NASDAQ since 2000, and on the TASE since 2005.