Credence Systems Corporation was a manufacturer of test equipment for the global semiconductor industry, with a major focus on solving specific challenges facing the fast growing consumer-driven semiconductor markets. Founded in 1978 by David Mees as Semiconductor Test Solutions, the company changed its name to Credence after acquiring Axiom and ASIX in 1990. It was publicly traded on the Nasdaq stock market under the symbol CMOS before the merger with LTX in 2008. It is headquartered in Milpitas, California, and is established in twenty countries. Customers include integrated device... manufacturers , wafer foundries, outsource assembly and test suppliers and fabless chip companies. Over the years Credence either produced or acquired many product lines including: On June 22, 2008 competitor LTX signed a merger agreement with Credence Systems Corporation: LTX CEO and President David Tacelli will become CEO of the merged company. On August 29, 2008 LTX and Credence Systems Corporation complete merger to form LTX-Credence Corporation .
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| NASDAQ symbol: | LTXC |
| Founded: | 1978 |
| Headquarters: | Fremont, California |
| Annual revenue: | $474,400,000 |
| Operating income: | $70,400,000 |
| Market cap: | $260,000,000 |
| Industries: | Instruments for Measuring and Testing of Electricity and Electrical Signals |