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Verigy

Verigy Ltd is an Advantest Group company in the semiconductor automatic test equipment business. The company existed as a business within Hewlett packard before it was spun off in 2006 as a standalone company. In 2010, Verigy was in the process of merging with LTX-Credence and on December 7, 2010 Advantest Japan made an all-cash offer for the company. On July 4, 2011, after two reviews of the transaction by the Department of Justice the company announced that Advantest Corporation (, ) completed its acquisition of Verigy in an all-cash deal valued at $1.100 billion. The resulting company is the largest manufacturer of semiconductor test equipment in the world.