What OEM Group does

OEM Group, founded in 1999 and headquartered in Gilbert, US with 251-500 employees, is a private semiconductor capital equipment platform whose operating subsidiary Shellback Semiconductor Technology (manufacturing centered in Coopersburg, PA) designs, produces, and services wet-processing tools for semiconductor fabs worldwide. The company consolidated legacy industry brands — most notably SEMITOOL batch spray systems and RITE TRACK coat/develop platforms — and in 2024 acquired the MERCURY+ Batch Spray Product Line from Tokyo Electron, extending its reach into 100-200mm power-device processing alongside 300mm high-volume manufacturing. The portfolio covers wet etch, resist strip, clean, coat & develop, scrub, and carrier cleaning, with tool variants spanning HF vapor, ozone (HydrOzone), acid, solvent, and spin-rinse-dry processes for 100mm through 300mm wafers.

The technology centres on batch spray and centrifugal spray architectures (MERCURY+, TORRENT SP with OHT, SEMITOOL STORM), which the firm positions as differentiated on chemical consumption, particle-removal yield, and dual wafer-size upgradeability. Applications served include Power Devices (SiC, Sapphire, Quartz, Ge, GaAs, GaN), MEMS & Sensors, Photonics & LED, Wireless & Analog, Memory & Storage, and Advanced Packaging.

OEM Group generates revenue through four streams: sale of new semiconductor capital equipment, hardware upgrades that extend the life of mature installed tools, spare parts and repairs across multiple legacy OEM platforms (FSI MERCURY, SEMITOOL, TEL Mark, SVG 86/88, ACT), and worldwide technical services including installation and maintenance. Distribution is direct enterprise field sales to semiconductor fabs, supplemented by the December 2024 Hightec Systems partnership for the Japanese market and a global parts-and-service support network. Pricing is not publicly disclosed and is structured per quote, consistent with complex B2B capital-equipment contracts. Leadership underwent disruption in June 2025 with the death of Shellback CEO Wayne Jeveli, while Jim Garstka serves as Global VP of Sales and Vincent Allegre is listed as CEO of the OEM Group parent.

Name

OEM Group

Legal name

Shellback Semiconductor Technology

Website

https://oemgroupinc.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

OEM Group, operating through its Shellback Semiconductor Technology subsidiary, designs, manufactures, and services semiconductor wet-processing capital equipment — batch spray systems, coat/develop tools, and carrier cleaners — serving global fabs across power devices, MEMS, photonics, wireless, and memory markets.

Ownership category

akta.pro rank

Product category

Semiconductor Capital Equipment

NAICS

Commercial and Service Industry Machinery Manufacturing (333310)

SIC

Special Industry Machinery, Nec (3559)

akta.pro primary industry

Etchants & Cleaning Formulations (RCA, Piranha, Specialty Cleans) (IMAEAKAF)

Keywords

• Semiconductor capital equipment
• Wet process systems
• Batch spray cleaning
• Wafer processing equipment
• Equipment remanufacturing

Headquarters

HQ city

Gilbert

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Semiconductor Capital Equipment Sales: Sale of wet process semiconductor manufacturing equipment including MERCURY+ batch spray systems, SEMITOOL batch spray systems, RITE TRACK coat develop systems, and associated processing tools for semiconductor fabs.
2. Equipment Upgrades: Extensive upgrades for mature semiconductor capital equipment to extend equipment life and productivity, including dual wafer size upgrades and performance enhancements.
3. Parts & Repairs: Sales of replacement parts and repair services for FSI MERCURY/MERCURY+, SEMITOOL Cintillio, TORRENT, Equinox CPT, Spin Rinse Dryer, STORM systems, SVG 86 & 88, TEL Mark and ACT equipment.
4. Technical Services: Technical service offerings worldwide including installation, maintenance, and support for semiconductor capital equipment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

OEM Group, through its Shellback Semiconductor Technology brand, manufactures, remanufactures, and services wet process semiconductor capital equipment. Core offerings include MERCURY+ and SEMITOOL batch spray systems for clean, etch, and strip; TORRENT spray tools (acid, solvent, HF vapor, ozone); RITE TRACK coat/develop scrub systems; and SEMITOOL STORM carrier cleaning systems. The company also sells parts and provides upgrades and technical services for mature FSI, SEMITOOL, TEL, and SVG equipment.

Product overview

SHELLBACK Semiconductor Technology provides a comprehensive portfolio of semiconductor capital equipment for wet processing applications. The company operates as a unified platform combining proven industry-leading brands including SEMITOOL batch spray systems, MERCURY+ high-volume batch spray systems (acquired from Tokyo Electron), and RITE TRACK coat develop systems. Their core product lines address critical semiconductor manufacturing processes including wet etch, resist strip, cleaning, coat and develop, scrub, and carrier cleaning for wafer sizes from 100mm to 300mm. The product ecosystem includes the TORRENT automated spray batch systems for high-speed 300mm processing, STORM carrier cleaning solutions, and various specialty tools for HF vapor, ozone, and solvent processing. SHELLBACK serves multiple market segments including Power Devices, Photonics & LED, MEMS & Sensors, Wireless & Analog, Memory & Storage, and Advanced Packaging. The company also offers extensive parts, repairs, and upgrade services to extend equipment lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• MERCURY+: Hi Volume Batch Spray Clean, Etch, Strip system for semiconductor wet processing
• SEMITOOL
• RITE TRACK
• TORRENT
• SEMITOOL STORM

Products and services

• MERCURY+ Batch Spray Clean Etch System High volume batch spray system for clean, etch, and strip processes with easy 100mm to 200mm wafer size change capability, designed for power device manufacturing with low cost of ownership.
• SEMITOOL Batch Spray Systems Industry-standard batch spray wet processing systems for semiconductor manufacturing, including TORRENT configurations for acid, solvent, and HF vapor applications on wafers up to 300mm.
• SEMITOOL TORRENT SP Automated Batch Spray OHT-enabled automated batch spray system for 300mm high-speed critical cleaning with dramatically reduced chemical consumption for semiconductor fabs.
• SEMITOOL STORM Carrier Cleaning System Industry's first batch centrifugal spray cleaning tool for cleaning and drying wafer carriers, boxes, cassettes, FOUPs, and SMIF Pods to remove yield-impacting particulates.
• RITE TRACK Coat Develop Scrub Systems Proven coat develop and scrub solutions supporting wafer sizes from 100mm to 300mm, with dual wafer size upgrades to maximize uptime for wireless and analog semiconductor manufacturing.
• TORRENT Spray Acid Tool Wet etch system for acid processing with UBM wet etch capability, offering end point detection, etch rate stability, and excellent uniformity for semiconductor manufacturing.
• TORRENT Spray Solvent Tool Solvent spray system for polymer removal and advanced packaging applications, available in fully automated configurations.
• TORRENT HF Vapor Tool HF vapor tool for MEMS spring release processes providing stiction-free processing, selective oxide etch, and stable etch rate with uniformity and repeatability.
• TORRENT Spray Ozone Tool Ozone-based resist strip system using the HydrOzone process for reduced chemical waste without compromising performance.
• SEMITOOL Spin Rinse Dryer (SRD) Spin rinse dryer system for final wafer cleaning and drying processes in semiconductor manufacturing.
• Semiconductor Equipment Parts & Repairs Worldwide parts sales and repair services to extend the life and productivity of mature semiconductor capital equipment, including FSI MERCURY/MERCURY+, SEMITOOL Cintillio, TORRENT, Equinox CPT, Spin Rinse Dryer, STORM, SVG 86 & 88, TEL Mark, and ACT systems.

Quantifiable outcome

• Dramatic wet clean chemical reduction to address climate initiatives
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Hightec SystemscoreGTM or Marketing Partner · 11 December 2024Shellback partnered with Hightec Systems to support market investment in Japan. This partnership enables Shellback to better serve the Japanese semiconductor market and expand its presence in the Asia-Pacific region.

Recent moves5 records

Expansion highlights5 records

Emerging players

• Aixtron: Aixtron supplies MOCVD deposition equipment for compound semiconductors (SiC, GaN, LED) — adjacent to Shellback's wet processing focus on the same power device and photonics customer base.
• Veeco Instruments: Veeco manufactures deposition, etch, and process equipment used in compound semiconductor and photonics manufacturing, overlapping with Shellback's served market in LED, MEMS, and power device customers.

Others

• ASML: ASML is the monopoly supplier of advanced lithography systems and serves the same leading-edge fab customers that Shellback's MERCURY+ and SEMITOOL tools support downstream in the process flow.
• KLA Corporation: KLA is the dominant semiconductor inspection and metrology equipment supplier; while not a direct wet processing competitor, KLA targets the same fab customers and increasingly bundles process control solutions into the manufacturing workflow that Shellback's tools serve.

Broad incumbents

• Applied Materials: Applied Materials is the largest semiconductor equipment company globally, with broad exposure to wet clean, etch, CMP, and inspection — providing overlapping capabilities to fabs that may also evaluate Shellback's tools for niche applications.
• Lam Research: Lam Research is a top-tier semiconductor equipment supplier with significant wet clean and etch product franchises, serving the same fab customers as Shellback on overlapping memory, foundry, and power device applications.
• Hitachi High-Tech: Hitachi High-Tech operates a semiconductor equipment division covering wet processing, inspection, and metrology — overlapping with Shellback's process tool portfolio and serving similar memory and power device fab customers globally.
• Tokyo Electron (TEL): TEL is a global semiconductor equipment leader and the former owner of the MERCURY+ product line that Shellback acquired; it competes across wet processing, coat/develop, and broader process steps, and represents both a supplier/divestor and direct competitor.

Direct peers

• ACM Research: ACM Research designs and manufactures single-wafer and batch wet cleaning equipment for semiconductor fabs, directly competing with Shellback's SEMITOOL and MERCURY+ product lines in the same wet processing application space.
• SCREEN Holdings: SCREEN (formerly Dainippon Screen) is one of the largest players in semiconductor wet cleaning and coater/developer equipment, competing head-to-head with Shellback's SEMITOOL batch spray and RITE TRACK coat/develop product lines across memory and logic customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@shellbacksemiconductortech9943
• LinkedInlinkedin.com/company/oem-group-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OEM Group