Advantest Establishes New Subsidiary Cloud Testing Service, Inc.

Advantest Corporation (TSE: 6857, NYSE: ATE) today announced that it has established a new subsidiary to conduct sales of its CloudTesting TM Service, which provides test solutions utilizing IT and cloud computing technology.

Fusing cutting-edge test technology with cloud computing, Advantest’s new CloudTesting TM Service represents a new concept in semiconductor test: on-demand test solutions tailored precisely to customer needs. The establishment of Cloud Testing Service, Inc. creates a framework for the Advantest Group to provide this new service promptly and flexibly, at a highly competitive price point. The new subsidiary was incorporated on October 1, 2012 and officially launched sales of CloudTesting TM Service today.

Background to the Establishment of Cloud Testing Service, Inc.

Amid rapid technological innovation in the semiconductor industry, Cloud Testing Service, Inc. is poised to make a broad, immediate contribution to R&D testing needs. Customers can download test software and applications from the cloud on demand, selecting the optimal tools for their test and evaluation / analysis requirements.

Advantest has established Cloud Testing Service, Inc. as a new subsidiary to underline the paradigmatic nature of this shift from the existing model of semiconductor test equipment manufacturing and sales to a new business model anchored in internet-based commerce.

Corporate Overview
     
 
Registered Name Cloud Testing Service, Inc.
 
Place of Business Marunouchi 1-6-2, Chiyoda-ku, Tokyo, Japan
 
Business Description Planning and sales of semiconductor testing services via test IP licensing
Planning CloudTesting TM Station terminals for testing service users
 
Capital

¥ 300 million
 
Executives

Representative Director & President
Manabu Kimura

 

Director
Yoshiaki Yoshida
Director Toshiaki Watanabe
Auditor Takayuki Arai
 
Revenue Target

¥ 1 billion

Further Inquiries
Cloud Testing Service, Inc.
Marunouchi 1-6-2, Chiyoda-ku, Tokyo, Japan
Tel: +81-3-3214-7716

All information supplied in this release is correct at the time of publication, but may be subject to change.

If you liked this article you might like

Advantest (ATE) Upgraded From Sell to Hold

3 Stocks Improving Performance Of The Electronics Industry

Advantest Corp Stock Downgraded (ATE)

Teradyne Is Looking Fine

Teradyne Is Looking Fine

Advantest Corp Stock Downgraded (ATE)