M&A  October 29, 2020

FormFactor acquires High Precision Devices

BOULDER — A California company has acquired Boulder-based High Precision Devices Inc., a maker of precision scientific instruments.

FormFactor Inc. (Nasdaq: FORM), based in Livermore, California, completed its acquisition of HPD, which provides scientific instruments, including cryogenic probe systems and cryostats, capable of extreme low temperatures. The technology is used in development of quantum computing, superconducting computing and ultra-sensitve sensor markets.

FormFactor said in a press release that the acquisition will complement its existing line of cryogenic wafer probe systems and cryogenic engineering probes.

“We are pleased to welcome HPD’s team to FormFactor and are…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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