Kyocera Corp., a high-tech ceramics and equipment maker, said Tuesday that its U.S. subsidiary, Kyocera International Inc., will buy precision drill maker Tycom Corp., which specializes in manufacturing drills for integrated circuit substrates.
The Tycom purchase is designed to cash in on the synergy effects expected from the combination of Kyocera's machine tool technology and Tycom's technology for making specialized cutting tools, the company said. Tycom's drills range up to 0.05 mm in diameter.
Tycom, based in the Californian city of Irvine, is the top U.S. IC substrate precision drill maker and has a 40 percent share of the U.S. market.
The company, which has manufacturing bases in Japan and North America, projects its sales in the business year that ended Dec. 31, 2000, at 10 billion yen.