Orbotech Wins Most Successful Business Accomplishment of the Year Award


Reading time ( words)

Orbotech Ltd. was awarded "Most Successful Business Accomplishment of the Year" for its acquisition of SPTS Technologies. Calcalist and BDO held the competition, which is in its third year, focusing on long-term business achievements that were initiated several years ago and are now reaching full maturity and achieving their aims.

Orbotech’s acquisition of SPTS opened up new markets for the company, in particular advanced packaging. Thanks to the unique offering of Orbotech’s three divisions – Printed Circuit Boards division, Flat Panel Display division and the new Semiconductor division - the company succeeded in doubling its revenues from $440 million in 2013 to a forecast of approximately $900 million in 2017.

In accepting the award, Asher Levy, CEO of Orbotech, explained “Orbotech was founded more than 30 years ago. The growth that we are now experiencing is the direct result of the successful strategy we devised in 2013…Orbotech is one of a select group of companies that are actively shaping and influencing global electronics, both for today and for tomorrow. From the most recent generation of smartphones to the complex electronic systems required in cars of the future, from flat and flexible displays and artificial intelligence to high performance computing, 5G connectivity and much more, Orbotech is actively involved and influencing the future. We are proud to partner and collaborate with the world’s largest and most innovative companies. Together with our customers, we make this future a reality.”

orbotech_award2.jpg

Share


Suggested Items

The Institute of Circuit Technology Annual Symposium 2018

06/18/2018 | Pete Starkey, I-Connect007
ICT technical director Bill Wilkie is well-known for choosing notable venues for Institute of Circuit Technology events, and his choice for this year’s Annual Symposium was the National Motor Museum, located in the village of Beaulieu in the heart of the New Forest, a national park in the county of Hampshire in Southern England. The region is known for its heathland, forest trails and native ponies.

Setting the Record Straight: CEO Asher Levy on the Future of Orbotech

04/23/2018 | Barry Matties, I-Connect007
With the recent planned acquisition of Orbotech in place by maker KLA-Tencor, much of the industry has speculated about Orbotech’s future. Barry Matties spoke with CEO Asher Levy about what lies in store for the Orbotech group and, more specifically, their PCB division should the deal close.

From Math to Marketing: Orbotech CMO’s Worldview of the Industry

04/09/2018 | Barry Matties, I-Connect007
Barry Matties met with Orbotech’s corporate VP of Business Development and CMO, Lior Maayan, in Shenzhen and spoke about the next-generation processes currently challenging Orbotech's R&D team. Most notable among them are additive technologies like the automated optical shaping solution, and the growth of MSAP, flex, and HDI.



Copyright © 2018 I-Connect007. All rights reserved.