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

Meet All Flex’s New President and CEO Matt Keithly

12/04/2018 | I-Connect007 Editorial Team
All Flex Flexible Circuits and Heaters recently appointed Matt Keithly as their new president and CEO. In this exclusive interview, Keithly discusses his background, the direction of the company, and topics related to flexible circuits and other areas of All Flex’s business.

An Owner’s Positive Take on IMPACT 2018: American Standard Circuits’ Founder & Chairman Gordhan Patel

07/31/2018 | Patty Goldman, I-Connect007
During a full day at IMPACT 2018, I had a chance to speak with American Standard Circuits’ founder and chairman Gordhan Patel. We had much to talk about after listening to several speakers from the departments of Defense and Education, and the International Trade Administration.

Book Recommendation: The Age of Agile—How Smart Companies are Transforming the Way Work Gets Done

07/26/2018 | Dan Beaulieu
This new book by Stephen Denning addresses the issue of change and adaptability like no other book I have read thus far…and I read a lot of business books! Centering on meeting the challenges of new and often changing business environments and how to meet them, the author’s focus on agility runs from the power of smaller teams that are focused on solving problems quickly while eschewing the normal bureaucratic road blocks that have been in place for decades.



Copyright © 2018 I-Connect007. All rights reserved.