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Advantest, a Japanese electronics instrument company, has...

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Advantest, a Japanese electronics instrument company, has acquired a 14.26% interest in Sym-Tek Systems of San Diego, according to a U.S. Securities and Exchange Commission filing.

Advantest paid $2 million for 166,660 Sym-Tek common shares and 50,000 warrants to buy the same number of common shares as part of an April 29 purchase agreement, according to the filing. When the warrants are exercised, Advantest will own 14.26% of Sym-Tek.

The shares were purchased for investment, and Advantest said in the filing that the value of the shares could go up “on the basis of the company’s earning potential.”

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Sym-Tek designs and manufactures machines to position integrated circuits.

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