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News  ›  Benzinga

ABM Expands Semiconductor and Technical Services Platform with Agreement to Acquire WGNSTAR

Benzinga Logo Benzinga By Globe Newswire
ABM Expands Semiconductor and Technical Services Platform with Agreement to Acquire WGNSTAR

ABM Industries announced a $275 million cash acquisition of WGNSTAR, a semiconductor workforce solutions provider with over 1,300 employees, to expand its technical services platform and capitalize on growing semiconductor industry opportunities.

Insights
RGTIW   neutral

Mentioned in related articles, but no specific details about performance were provided in the main article


ABM   positive

Expanding strategic capabilities in semiconductor services, anticipating growth from U.S. onshoring initiatives, and positioning to meet evolving market needs