History
MRSI was founded in Massachusetts in 1984 with the goal of providing automated solutions for dispense and assembly of microelectronic devices. Mycronic AB acquired MRSI Systems on June 1, 2018.
The Company was primarily focused on servicing the hybrid microelectronics industry through the design and manufacturing of precision die bonding and dispensing equipment. Since those early days MRSI have invested over the last 40 years in new products, new services and new offices to meet rapid expansion of our markets. Below we highlight our new products and the journey that took us to the market leader in high precision die bonding.
In 2002 the Company was acquired by the public company Newport Corporation. In 2014 the management executed an MBO from Newport.
MRSI Systems was acquired by Mycronic AB on June 1, 2018. Mycronic AB (publ) is listed on NASDAQ Stockholm, Large Cap: MYCR. It is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry.
In late 2021 alongside our investment, in early 2021, in a new Product Demonstration Center in Shenzhen, we established a new legal entity in China – MRSI Automation (Shenzhen) CO., LTD., which will help serve the needs of our local customers including demonstrations and product training.
Since 2018 the company has invested heavily in R&D and has launched several new products to successfully address the volume, flexibility and precision demands of the market.
Our new products, the MRSI-HVM family, the MRSI-H family and the new sub-micron system MRSI-S-HVM have continued the commercial success of our original products MRSI-705 and MRSI-M3.
And we have enjoyed several accolades from the industry including:
- November 2019 Laser Focus World Innovators Award for MRSI-HVM
- January 2020 Infostone 2020 The Most Competitive Optical Communications Product MRSI-S-HVM Submicron Die Bonder
- September 2021 CIOE Silver Award for the MRSI-HVM Die Bonder
- October 2021 Laser Focus World Innovators Award for MRSI-H-TO
- January 2022 Infostone 2021 Outstanding Technology MRSI-H-TO
MRSI is a global Business Unit within Mycronic’s Global Technologies Division.