Somerset Capital Group Expands Its Presence in ATE Leasing and Remarketing

BILLERICA, Mass. - February 18, 2016 -  Boston Semi Equipment (BSE) and Somerset Capital Group (Somerset) today jointly announced that Somerset will begin originating leases and remarketing Automated Test Equipment directly to the semiconductor market through its subsidiary, Somerset ATE Solutions. 

Through their long-standing relationship, Somerset and BSE have leveraged BSE's customer relationships within the semiconductor industry to develop an industry-leading portfolio of current generation Automated Test Equipment (ATE) owned and financed by Somerset. Somerset will now begin interfacing directly with these clients to continue its expansion of their position within the industry. 

"BSE's core semiconductor equipment businesses of test cell automation products, equipment service offerings and ATE products have positioned the company as an OEM of semiconductor equipment and related services,"commented Bryan Banish, Boston Semi Equipment President and CEO. "This is a good time for us to transition the leasing and remarketing of current-generation ATE to Somerset to enable BSE to focus on, and continue to expand, our test cell automation equipment and services." 

"We are excited about the opportunities that the additional focus and the integration of the ATE equipment leasing and remarketing business will bring to our organization to enhance our position in the semiconductor segment," stated Evan Bokor, Somerset's President and CEO. "It is our expectation that Somerset ATE Solutions will afford our clientele in the semiconductor segment access to a broad range of equipment solutions and flexible financing to meet their evolving needs." 

BSE's activities of selling and servicing of legacy ATE products remain unchanged. Somerset's worldwide sales team will provide the continuity of support for existing leasing customers. Leasing customers will not need to make any changes in connection with this transition as Somerset will continue to manage all aspects of lease invoicing and payment processing. 

About Boston Semi Equipment

Boston Semi Equipment LLC (BSE) provides equipment and services to semiconductor manufacturers and OSATs worldwide. Our solutions address customer requirements for testing, handling, and probing semiconductors. BSE helps customers maintain maximum uptime by providing a broad range of service and support products. Our goal is to lower equipment costs for our customers. Visit  www.bostonsemiequipment.com for more information. 

About Somerset Capital Group, Ltd. 

Headquartered in Milford, CT, Somerset was established in 1984 and offers equipment leasing, rental and asset management solutions tailored to the needs of its clients. Somerset's staff of dedicated professionals handles all aspects of client servicing, emphasizing the personalized approach that has been a hallmark of the company¹s approach to business throughout its history. Visit http://www.somersetcapital.com



Contact:

Andy Lucich 
ACCOUNT EXECUTIVE COMMUNICATION LAB
M: 602-502-1397 
Email id:  impresslabs.com  
605 E. Grant Street, Ste. 105, Phoenix AZ, 85004.
Facebook.com/impresslabs 
twitter.com/ImpressTweets 
linkedin.com




Review Article Be the first to review this article

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
H-1B Visa: de Geus’ tragedy looms large
Peggy AycinenaIP Showcase
by Peggy Aycinena
IP for Cars: Lawsuits are like Sandstorms
More Editorial  
Jobs
Staff Software Engineer - (170059) for brocade at San Jose, CA
Mechanical Designer/Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
ASIC/FPGA Design Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
Upcoming Events
2017 IoT Developers Conference at Santa Clara Convention Center California - Apr 26 - 27, 2017
Embedded Systems Conference ESC Boston 2017 at Boston Convention & Exhibition Center Boston MA - May 3 - 4, 2017
2017 GPU Tech Conference at San Jose McEnery Convention Center 150 West San Carlos Street San Jose CA - May 8 - 11, 2017
High Speed Digital Design and PCB Layout at 13727 460 Ct SE North Bend WA - May 9 - 11, 2017
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy