Check and measurement applied sciences firm FormFactor has agreed to promote its FRT Metrology enterprise to Camtek for $100 million in money. The businesses introduced the deal on Monday, stating that it brings collectively FRT, a provider of metrology options for the superior packaging and silicon carbide markets, with Camtek, a producer of inspection and metrology gear for the semiconductor business.

Camtek expects the acquisition to be accomplished by the tip of the yr and anticipates that it’s going to contribute roughly 10% to its annual income in 2024.

For extra info, contact Colin Kellaher at colin.kellaher@wsj.com.