US Company Flexstar Technology Acquired by South Korean Neosem

Neosem Holdings, Inc., a wholly-owned subsidiary of Neosem Inc., has completed the acquisition of Flexstar Technology, Inc., provider of advanced test and related proprietary software solutions for the storage technology market.

The company’s testing solutions are used by the storage system manufacturers to enable development, quality assurance and reliability testing for a variety of storage devices.

“Flexstar’s partnership with Neosem creates a global technology leader focused on SSD test technologies,” commented DH Yeom, CEO, Neosem. “Our combined technology, engineering and service offerings enhances our collective differentiation and market position. Together we are poised to take advantage of the growth and opportunities in the rapidly evolving storage technology marketplace.”

Andrew Warner, CEO, Flexstar, commented: “We are excited to join the Neosem family and look forward to continuing to provide innovative, high-quality solutions and services to our customers worldwide. Bringing together two leaders in the SSD testing market will strengthen both companies and allow us to better serve our collective customer base. In addition, this transaction is highly strategic and will create new growth and innovation opportunities, as well as cost savings for both organizations.“

Flexstar will continue to operate out of its San Jose, CA HQs and Longmont, CO facility.

Specific terms of the transaction have not been disclosed.

About Flexstar
The company., headquartered in San Jose, CA, is a provider of testing and measurement solutions for technology manufacturers. The company’s products are used to conduct standardized, repeatable testing solutions of storage-related devices such as HDDs, SSDs and PCIe drives. Products consist of environmental chambers, burn-in racks and bench-top solutions, which are used to conduct reliability, qualification and factory production tests through controlled parameters such as humidity, temperature and power. Proprietary software suite and its large repository of testing scripts ensure that customer can run a customized series of tests to ensure optimum performance of their storage devices.

About Neosem
Founded in 2002, it develops, markets, and supports a family of SSD Storage and flash memory test system. With its range of SSD and flash chip tester product lines, Environmental Chambers and Automatic handlers, the company is equipped to handle all aspects of flash memory and SSD testing and manufacturing. It is headquartered in South Korea and has representatives located in South East Asia, Taiwan and China. Neosem’s US subsidiary, Tanisys, is headquartered in Austin, TX.