Axion Semiconductor, a semiconductor platform company focused on supply chain operations and services, has acquired Moov Technologies, an Austin, Texas-based semiconductor equipment marketplace and asset management platform serving customers in more than 55 countries.
The acquisition expands Axion Semiconductor’s operating platform, apart from strengthening its position across the manufacturing supply chain. Financial terms of the transaction were not disclosed.
Moov Technologies has established itself as a leading platform for the buying, selling and management of semiconductor manufacturing equipment and parts. Moov developed the world’s first interactive equipment marketplace and asset management platform, built on a modern technology stack designed to support global semiconductor manufacturing operations.
Many of the world’s largest semiconductor companies rely on Moov’s platform to manage manufacturing assets, streamline transactions and improve visibility across equipment lifecycles.
Moov’s platform supports the sourcing and sale of semiconductor fabrication, packaging, test, EMS and SMT equipment, as well as surplus, idle and scrap tools.
In addition to marketplace services, the company provides logistics, de-installation, rigging, crating, refurbishment, installation and live shipment tracking capabilities for customers operating in multiple regions.
Moov’s platform combines digital marketplace functionality with operational services that support complex semiconductor equipment transactions from initial listing through delivery and installation.
Based in Colorado, Axion acquires and integrates semiconductor businesses into a unified operating platform designed to support the evolving infrastructure needs of the semiconductor supply chain.
The company was established by semiconductor industry veterans Austin Gill, John Getchell, and Jeffrey Robbins. Together, the leadership team has over 60 years’ experience founding, owning, and operating industry segment leaders and has managed billions of dollars in semiconductor equipment assets, services, and transactions across global markets.
“Moov has built an exceptional platform and business with a strong reputation across the semiconductor industry,” said Austin Gill, CEO of Axion Semiconductor.
“The company’s technology, customer relationships and operational capabilities have established it as a trusted partner for many of the world’s leading manufacturers. By bringing together Moov’s platform with Axion’s leadership team and long-term strategy, we believe the company is well positioned to accelerate growth and expand its role within the global semiconductor ecosystem,” he concluded.