MILPITAS, CA – KLA Corp. formed a business group focused on growth in its electronics, packaging and components businesses. The EPC group brings together ICOS, Orbotech and SPTS Technologies to target growth opportunities in new and expanding end-markets.
"This new group integrates KLA's acquisition of the Orbotech and SPTS business to bring complementary technologies, products and services into one organization to drive innovation and results in fast-growing markets," said Rick Wallace, president and CEO of KLA. "By applying the KLA operating model, we will enable common processes that allow the new group to deliver superior value to our customers across the electronics value chain. This strategy is expected to accelerate profitability and growth in segments outside our core semiconductor process control markets."
KLA executive vice president Oreste Donzella was named to run the EPC group.