SANTA CLARA, Calif., March  07, 2025  (GLOBE NEWSWIRE) -- PDF Solutions, Inc. (NASDAQ: PDFS), today announced it has closed the acquisition of secureWISE, LLC, a widely used secure, remote connectivity solution in the semiconductor manufacturing equipment industry, from Telit IOT Solutions Inc.

By acquiring secureWISE, PDF Solutions expects to extend its leadership in data, analytics, and connectivity for the semiconductor industry ecosystem by significantly expanding PDF Solutions’ manufacturing connectivity network to include most of the 300mm fabs in the world. PDF’s footprint in the outsourced semiconductor assembly and test market is expected to accelerate the rate at which secureWISE moves into that part of the supply chain as well.

“We are pleased to welcome secureWISE to the PDF Solutions team,” said Dr. John Kibarian, President, CEO, and co-founder of PDF Solutions. “We provide a leading analytics platform for the semiconductor industry, which, with secureWISE, we believe will further support the type of secure integration and collaboration needed across the industry.”

Forward-Looking Statements

The statements in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company’s expectations regarding the expected benefits of the secureWISE LLC acquisition and other statements identified by words such as “could,” “expects,” “intends,” “may,” “plans,” “potential,” “should,” “will,” “would,” or similar expressions and the negatives of those terms, that are subject to future events and circumstances. Risks and uncertainties that could cause results to differ materially include risks associated with: the effectiveness of the PDF Solutions’ business and technology strategies; current semiconductor industry trends and competition; rates of adoption of PDF Solutions’ solutions by new and existing customers; project milestones or delays and performance criteria achieved; cost and schedule of new product development and investments in research and development; the continuing impact of macroeconomic conditions, including inflation, changing interest rates and tariffs, the evolving trade regulatory environment and geopolitical tensions, and other trends impacting the semiconductor industry, PDF Solutions’ customers, operations, and supply and demand for its products; supply chain disruptions; the success of PDF Solutions’ strategic growth opportunities and partnerships; recent and future acquisitions, strategic alliances and relationships and PDF Solutions’ ability to successfully integrate acquired businesses and technologies, including secureWISE LLC and its business; whether PDF Solutions can successfully convert backlog into revenue; customers’ production volumes under contracts that provide Gainshare; the sufficiency of PDF Solutions’ cash resources and anticipated funds from operations; PDF Solutions’ ability to obtain additional financing if needed; PDF Solutions’ ability to use support and updates for certain open-source software; and other risks and uncertainties discussed in PDF Solutions’ periodic public filings with the SEC, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2024. All forward-looking statements and information included herein is given as of the filing date of this press release and based on information available to PDF Solutions at the time of this press release and future events or circumstances could differ significantly from these forward-looking statements. Unless required by law, PDF Solutions undertakes no obligation to update publicly any such forward-looking statements.

About PDF Solutions

PDF Solutions (Nasdaq: PDFS) provides comprehensive data solutions designed to empower organizations across the semiconductor and electronics industry ecosystem to improve the yield and quality of their products and operational efficiency for increased profitability. The Company’s products and services are used by Fortune 500 companies across the semiconductor and electronics ecosystem to achieve smart manufacturing goals by connecting and controlling equipment, collecting data generated during manufacturing and test operations, and performing advanced analytics and machine learning to enable profitable, high-volume manufacturing.

Founded in 1991, PDF Solutions is headquartered in Santa Clara, California, with operations across North America, Europe, and Asia. The Company (directly or through one or more subsidiaries) is an active member of SEMI, INEMI, TPCA, IPC, the OPC Foundation, and DMDII. For the latest news and information about PDF Solutions or to find office locations, visit https://www.pdf.com.

Headquartered in Santa Clara, California, PDF Solutions also operates worldwide in Canada, China, France, Germany, Italy, Japan, Korea, Sweden, and Taiwan. For the Company’s latest news and information, visit https://www.pdf.com.

About secureWISE

The secureWISE platform is designed to enable secure and controlled remote connectivity, collaboration and service enablement in the semiconductor industry. The secureWISE suite of products and services is designed to give OEM suppliers role-based, real-time and on-demand access to their equipment that is installed at the production facilities of their customers, to deliver valuable operational insights, mission-critical performance, substantial time and cost savings, and new service revenue opportunities. As a remote access tool built around the ISMI guidelines, secureWISE is installed in over 90% of the world’s 300mm semiconductor fabs and also numerous solar and chemical plants across the globe.

PDF Solutions, secureWISE, and the PDF Solutions logo are trademarks or registered trademarks of PDF Solutions, Inc. and/or its subsidiaries in the United States and other countries. Telit is a trademark or registered trademark of Telit. Other trademarks used herein are the property of their owners.

Company Contacts:    Adnan Raza  Sonia Segovia Chief Financial Officer  Investor Relations Tel: (408) 516-0237  Tel: (408) 938-6491 Email: [email protected]  Email: [email protected]