Advantest Corporation Enters into Agreement to Acquire R&D Altanova, Inc.

PORTLAND, Ore. — Stoel Rives LLP is pleased to announce that it acted as legal advisor to Advantest Corporation in completing an agreement for its acquisition of R&D Altanova, Inc. Closing is expected in the fourth calendar quarter of 2021. Terms of the transaction were not disclosed.

The cross-practice team that represented Advantest was led by Portland partner Steven Boender, with assistance from Aaron Courtney (environmental), Todd Hanchett (labor & employment). Jeffrey Krueger (employee benefits), Kevin Pearson (tax), Scott Rosenthal (real estate), and Matt Wilmot (intellectual property).

Tokyo-based Advantest (6857.T-JP:Tokyo Stock Exchange) is a global manufacturer of automatic test and measurement equipment used in the design and production of semiconductors for applications such as 5G communications, the Internet of Things (IoT), autonomous vehicles, artificial intelligence (AI), machine learning, and smart medical devices, among others.

R&D Altanova is a leading global supplier of consumable test interface boards, substrates, and interconnects for high-end applications.

For more on the deal, please see the Advantest press release.