We start 2014 as a new Company combining the strengths of four well respected industry brands, atg Luther & Maelzer, Everett Charles Technologies, LTX-Credence, and Multitest. While each of these brands will continue to develop best-in-class products we will also be leveraging technology across product areas to develop new products targeting existing and new market segments.
In semiconductor test we will be the only vendor capable of delivering the complete test cell solution providing our customers the ability to accelerate the time it takes to get a volume production solution in place while also providing the most cost efficient solution. During 2014 we expect to hire people as we build out our test cell integration team.
After a difficult 2013, we are optimistic that 2014 will represent a growth year for the industry. The macroeconomic indicators are moving in a positive direction and since our industry relies heavily on the consumer, a strengthening global economy should translate to higher purchases of electronics. This should lead to a growth year for the semiconductor industry and therefore our served industries of semiconductor and PCB testing.