{"id":383223,"date":"2020-11-17T11:05:19","date_gmt":"2020-11-17T16:05:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383223"},"modified":"2020-11-17T11:05:19","modified_gmt":"2020-11-17T16:05:19","slug":"d-a-davidson-co-acts-as-exclusive-financial-advisor-to-cimetrix-on-its-sale-to-pdf-solutions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/d-a-davidson-co-acts-as-exclusive-financial-advisor-to-cimetrix-on-its-sale-to-pdf-solutions\/","title":{"rendered":"D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Cimetrix on Its Sale to PDF Solutions"},"content":{"rendered":"

<\/p>\n

D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Cimetrix on Its Sale to PDF Solutions<\/b><\/p>\n

SALT LAKE CITY–(BUSINESS WIRE<\/a>)–
\nD.A. Davidson & Co. announced today that is has served as exclusive financial advisor to Cimetrix Incorporated in its sale to PDF Solutions, Inc. (NASDAQ: PDFS).\n<\/p>\n

\nCimetrix is a leading global provider of equipment connectivity software solutions for smart manufacturing and Industry 4.0, with products and platforms that connect factory equipment to increase productivity, reduce costs, and improve quality. The company\u2019s software solutions are used by more than 150 equipment manufacturers around the world, providing factory automation connectivity for hundreds of equipment types. Headquartered in Salt Lake City, Utah, Cimetrix has offices worldwide in China, Germany, Japan, Korea and Taiwan.\n<\/p>\n

\n\u201cThe D.A. Davidson team was invaluable in this process, providing the transaction expertise and industry knowledge necessary to achieve an optimal outcome for Cimetrix and its shareholders,\u201d said Bob Reback, CEO of Cimetrix. \u201cWe are excited to move forward as the Cimetrix Connectivity Group within PDF Solutions to continue serving our customers by providing innovative connectivity and smart manufacturing software products, platforms, and solutions.\u201d\n<\/p>\n

\n\u201cThe Cimetrix management team has done a tremendous job building Cimetrix into a fast-growing, market-leading provider of connectivity and smart manufacturing software,\u201d said Brad Gevurtz, Managing Director at D.A. Davidson. \u201cThe acquisition by PDF Solutions provides the opportunity to accelerate the Cimetrix technology roadmap and make PDF Solutions a dominant player in the smart manufacturing industry.\u201d\n<\/p>\n

\nThe acquisition is subject to standard closing conditions and is expected to close in the fourth calendar quarter.\n<\/p>\n

\nD.A. Davidson\u2019s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.\n<\/p>\n

\nTogether with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.\n<\/p>\n

About D.A. Davidson Companies<\/b><\/p>\n

\nD.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,400 employees and offices in 27 states.\n<\/p>\n

\nSubsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.\n<\/p>\n

\nFor more information, visit dadavidson.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201117006000\/en\/<\/a><\/span><\/p>\n

\nJacquie Burchard
\n
D.A. Davidson
\n
Office: (406) 791-7465
\n
jburchard@dadco.com<\/a><\/p>\n

KEYWORDS:<\/b> Utah Montana United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Technology Other Professional Services Finance Software Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Cimetrix on Its Sale to PDF Solutions SALT LAKE CITY–(BUSINESS WIRE)– D.A. Davidson & Co. announced today that is has served as exclusive financial advisor to Cimetrix Incorporated in its sale to PDF Solutions, Inc. (NASDAQ: PDFS). Cimetrix is a leading global provider of equipment connectivity software solutions for smart manufacturing and Industry 4.0, with products and platforms that connect factory equipment to increase productivity, reduce costs, and improve quality. The company\u2019s software solutions are used by more than 150 equipment manufacturers around the world, providing factory automation connectivity for hundreds of equipment types. Headquartered in Salt Lake City, Utah, Cimetrix has offices worldwide in China, Germany, Japan, Korea and … <\/p>\n

Continue reading “D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Cimetrix on Its Sale to PDF Solutions”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383223","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nD.A. Davidson & Co. 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Cimetrix is a leading global provider of equipment connectivity software solutions for smart manufacturing and Industry 4.0, with products and platforms that connect factory equipment to increase productivity, reduce costs, and improve quality. The company\u2019s software solutions are used by more than 150 equipment manufacturers around the world, providing factory automation connectivity for hundreds of equipment types. Headquartered in Salt Lake City, Utah, Cimetrix has offices worldwide in China, Germany, Japan, Korea and … Continue reading "D.A. Davidson & Co. 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