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Insider UK
Insider UK
Technology
Peter A Walker

SHOCKING: Glasgow tech testing firm gets 30 million backing - What They Never Told You

Glasgow ATE

Probe Test Solutions Ltd (PTSL) has closed a $30m investment from Tikehau Capital.

The Glasgow-based automatic test equipment (ATE) solution provider will also partner with the alternative asset manager for operational and strategic support for its international expansion plans, including appropriate acquisitions in the ongoing consolidation of the semiconductor market.

Additionally, four semiconductor industry executives - Jalal Bagherli, Mark Tyndall, Alex McCann and Jacky McNulty - together with Corinne Philipps from Tikehau, are joining the board, with Bagherli appointed as chair.

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