Heico Corporation subsidiary announces acquisition of Pyramid SemiconductorNews
March 11, 2021
MIAMI. Heico Corporation announced that its Electronic Technologies Group acquired the business, assets, and certain liabilities of Pyramid Semiconductor (Sunnyvale, California), a maker of specialty semiconductors used in military, space, and medical applications.
The business will operate as a part of Heico's 3D PLUS USA subsidiary, which supplies advanced high-density 3D microelectronic products and die stacking/wafer level stacking technologies for use in space and defense.
Timothee Dargnies, CEO of 3D PLUS USA, stated of the acquisition: “Pyramid and 3D PLUS USA both supply advanced technology products for the most stringent requirements to the most demanding customers and we are committed to new efforts to expand our offerings and to reach additional customers with advancing technology and excellent service.”