Ableprint Technology (7734) said on Oct. 1 that it will spend NT$300 million to participate in a private placement by Saultech Technology (6812), subscribing to 6 million common shares at NT$50 per share. After the transaction is completed, Ableprint will own a 16.67% stake in Saultech, turning the relationship into a capital-backed strategic alliance.
A private placement deal worth NT$300 million
According to publicly available information, Ableprint will subscribe to Saultech’s privately placed common shares for a total of NT$300 million. The subscription price is NT$50 per share, covering 6 million shares, with payment scheduled from Oct. 1 to Oct. 15. The company described the deal as a “strategic investment,” saying the capital tie-up is meant to formalize a long-term alliance in semiconductor equipment and lay the groundwork for future technology integration and market expansion.
Focus on complementary advanced packaging capabilities
The investment is centered on complementary technologies in advanced semiconductor packaging. Saultech has high-precision Pick & Place technology, and its core die bonder equipment is used for front-end die placement. Ableprint, by contrast, specializes in back-end debubbling and high-pressure lamination equipment. By linking front-end die bonding with back-end debubbling processes, the two companies expect to offer customers a more complete solution set.
The ABMedia report said the market sees the deal as a way to connect key front-end and back-end processes and potentially extend the partnership into advanced packaging applications such as hybrid bonding. Saultech had previously said, when planning this year’s private placement, that it wanted to bring in a strategic investor with upstream-downstream relevance or complementary technology. Ableprint’s subscription for the full 6 million shares marks the formal establishment of that strategic partnership.
Limited financial impact on Ableprint
On the financial side, the NT$300 million investment is expected to have a limited effect on Ableprint’s cash flow. Based on recent financial statements, the amount represents 3.47% of the company’s total assets and 4.48% of equity attributable to owners of the parent. Ableprint currently has about NT$6.058 billion in working capital, indicating ample liquidity.
Through the investment, Ableprint is seeking to deepen cooperation with Saultech while maintaining financial health and accelerating its push into next-generation semiconductor equipment markets.