Inovys, structural testing for semiconductors, acquired by Verigy

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here!

Inovys, a Pleasanton, Calif. company that makes software and hardware for structural testing of semiconductors, was founded in 1999.

The company picked up nearly $40 million in funding over the years, from venture investors including Storm Ventures, CMEA Ventures, Palomar Ventures, Techfarm, HIG Ventures and Hotung Ventures. Two corporations, Advantest and Synopsys, also put money into Inovys.

The terms of the deal were not disclosed, although a company representative told VentureWire (subscription required) that virtually all Inovys employees would remain on at Verigy.

VentureBeat’s VB Insight team is studying marketing analytics... Chime in here, and we’ll share the results.