|Wednesday, 1 August 2018, 12:53 HKT/SGT|
HONG KONG, Aug 1, 2018 - (ACN Newswire) - ASM Pacific Technology Limited ("ASMPT") is pleased to announce its strategic investment in a software developer Critical Manufacturing, S.A. ("Critical Manufacturing"), which is headquartered in Porto, Portugal. Critical Manufacturing is a leading software developer and publisher of state-of-the art manufacturing execution systems (MES). As an experienced software solutions provider of state-of-the-art MES platforms, Critical Manufacturing has significant expertise in the integration and networking of machines and systems, as well as IT systems and cloud solutions. This strategic investment would accelerate ASMPT's efforts to build a portfolio of Industry 4.0 solutions and will boost ASMPT's software competence in enabling smart factories.
Gunter Lauber, CEO of ASMPT SMT Solutions Segment and serving concurrently as an Executive Committee member responsible for ASMPT's software solutions, explains the rationale behind this strategic investment: "We want to focus more on comprehensive software solutions to help customers improve their quality, flexibility and efficiency with smart factories. Initiatives like The Hermes Standard and ADAMOS already represent major steps in this direction, but we want to speed up our integration and smart manufacturing capabilities and extend our reach beyond hardware solutions."
Francisco Almada Lobo, CEO of Critical Manufacturing commented: "We are extremely pleased to be integrated into ASMPT and have access to its vast resources and customer/support networks. We share the same vision and a common focus on delivering the most advanced Industry 4.0 solutions the enable the digital world. Our combined knowledge and resources will accelerate our roadmap to bring strong business value and competitive advantage to our current customers and innovative manufacturers across our industry segments"
In 2017, through the joint venture ADAMOS (ADAptive Manufacturing Open Solutions), ASMPT, DMG MORI, Durr, Software AG, as well as Zeiss have established a strategic alliance for Industry 4.0 and the Industrial Internet of Things (IIoT). This was Germany's first alliance of well-known industrial and software companies established to promote ADAMOS as a global standard.
About ASM Pacific Technology Limited
As a global technology and market leader, ASMPT (HKEX stock code: 0522), develops and provides leading edge solutions and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial, LED and alternative energy. Our continuous investments in research and development help to provide our customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.
Listed on the Hong Kong Stock Exchange since 1989, ASMPT is currently one of the constituent stocks on the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Hong Kong 35 Index and the Hang Seng Global Composite Index. To learn more about ASMPT, please visit our website at www.asmpacific.com.
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Aug 1, 2018 12:53 HKT/SGT
Topic: Press release summary
Sectors: Daily Finance, Enterprise IT, Daily News
From the Asia Corporate News Network
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