FormFactor Expands Partnership with Advantest

Builds on a multi-year collaboration to accelerate industry innovation in enabling advanced packaging and high-performance-compute

LIVERMORE, Calif., Jan. 07, 2025 — FormFactor, Inc. (NASDAQ: FORM), a leading supplier of electrical test and measurement solutions for the semiconductor industry, announced today that it has entered into technology partnership and share purchase agreements with Advantest Corporation (TSE: 6857). The expanded partnership and purchase of FormFactor shares by Advantest build upon a multi-year collaboration between the companies, including FormFactor’s 2020 purchase of Advantest’s probe-card assets and the recent announcement to partner in developing wafer-level test cells for high-volume manufacturing of silicon photonics integrated circuits.

With the adoption of advanced packaging, wafer-level test is increasingly important for leading-edge semiconductor manufacturing, especially for the high-performance-compute devices powering generative-AI applications. Close collaboration between suppliers of test-cell components like probe cards and Automated Test Equipment (ATE) has become critical to reliably delivering high-performance test solutions to the companies’ shared customers’ aggressive timelines. This expansion of the already-strong relationship between Advantest and FormFactor is designed to accelerate the delivery of these test solutions that will enable the next generation of semiconductor industry innovation.

The issuance of approximately 335,000 shares at $44.78 per share under the share purchase agreement is not expected to have a material impact on FormFactor’s financial statements.

About FormFactor

FormFactor, Inc. (NASDAQ: FORM) is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.