10 Facts About Cascade Microtech

Cascade Microtech is a semiconductor test equipment manufacturer based in Beaverton in the Portland metropolitan area of the United States.

Cascade Microtech turned profitable in 1984, and all left Tektronix by 1985.

Cascade Microtech raised additional $10 million in capital in 2000 by selling equity to Teachers Insurance and Annuity Association.

Cascade Microtech then filed to go public in 2000, but dropped the plans in 2002.

Cascade Microtech was originally located at the offices of TriQuint, their former employer.

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Cascade Microtech opened offices in Singapore in 2003, followed by offices in Taiwan and China in 2006.

Cascade Microtech purchased socket maker Gryphics, Inc in 2007 for $13.

In January 2010, Cascade Microtech purchased SUSS MicroTec AG's chip-testing division for $9.

Cascade Microtech posted revenues of $113 for fiscal year 2012 and had its first profit that year since 2007.

Cascade Microtech announced it was sold to FormFactor, Inc in February 2016 for $352 million, with the deal closing in June 2016.