ONTO 📈 Onto Innovation - Overview

Onto Innovation Inc, listed on the NYSE under the ticker symbol ONTO, is a company that specializes in the design, development, and manufacture of process control tools, with a focus on optical metrology. This technology is crucial for the semiconductor industry, as it enables the precise measurement of microscopic structures on silicon wafers, a key component in the production of integrated circuits. The company's product portfolio includes lithography systems, which are used to create the patterns on silicon wafers, as well as process control analytical software that helps manufacturers optimize their production processes.

In addition to its core products, Onto Innovation Inc also offers a range of solutions for process and yield management, including device packaging and test facilities. These solutions are designed to help manufacturers improve the efficiency and productivity of their production lines, while also reducing costs and minimizing waste. The company's products are used in a variety of applications, including the production of silicon wafers, light emitting diodes, micro-electromechanical systems, and CMOS image sensors. Its customer base includes many of the world's leading semiconductor and advanced packaging device manufacturers.

The company's software portfolio is another key aspect of its business, providing solutions for standalone tools, groups of tools, and enterprise-wide suites. This software enables manufacturers to integrate their production processes, track performance in real-time, and make data-driven decisions to optimize their operations. Onto Innovation Inc also generates revenue through the sale of spare parts, systems software, and other services, as well as software licensing agreements. With a history dating back to 1940, the company has established itself as a trusted partner to the semiconductor industry, and its products and solutions are used in a wide range of industrial and scientific applications.

As a leading provider of process control tools and software, Onto Innovation Inc is well-positioned to benefit from the ongoing growth and evolution of the semiconductor industry. The company's products and solutions are used in a variety of applications, including data storage, power devices, and RF filters, and its customer base includes many of the world's leading technology companies. With its headquarters in Wilmington, Massachusetts, and a global presence, Onto Innovation Inc is a key player in the semiconductor materials and equipment industry, and its common stock is listed on the NYSE under the ticker symbol ONTO, with the ISIN code US6833441057, and classified under the GICS sub-industry of Semiconductor Materials & Equipment.