Taiyo Pacific Partners has upped its stake in Japan-based Ulvac to 18%, following its purchase of a 5% shares stake in September 2009. Taiyo is now Ulvac’s largest shareholder Pacific Partners and has, since its initial investment in 2009, acted as a “long-term friendly investor providing valuable advice and support”, according to Ulvac’s president Hidenori Suwa.

“We have always been impressed with the world-class equipment and technology produced by ULVAC,” commented Brian K. Heywood, CEO and managing partner of Taiyo Pacific Partners. “They have driven advances in semiconductor, LCD, and solar panel production and now ULVAC has become an essential resource in many new technologies including OLED and Next Generation Memory. President Suwa has signaled that he believes the next critical mission is to take that technological superiority and use it to produce world-class profit and growth as well.”

Ulvac recently introduced its new UNECS-2000 spectroscopic ellipsometer for high-speed measurement of film thickness and optical constants of thin films in R&D applications.