Country for PR: United States
Contributor: PR Newswire New York
Tuesday, June 08 2021 - 00:00
AsiaNet
CAE Unveils Global Inspection Services to Provide Accurate Asset Information
AUSTIN, Texas, June 8, 2021 /PRNewswire-AsiaNet/ --

-- CAE addresses global semiconductor shortage by uncovering assets through 
GIS, an in-house research, inspection and due diligence team

CAE, the industry's first and leading software and data-driven physical 
commodity trader for semiconductor capital equipment and commodities, unveils 
an in-house research, inspection and due diligence team, Global Inspection 
Services (GIS), to provide on-the-ground support throughout the world. 
Concurrently launched in the United States, Europe, and Asia, GIS is designed 
to accelerate transaction cycle times, dramatically reduce buyer risk, and 
improve the process of selling equipment or commodities for CAE's community of 
suppliers. 

Logo - https://mma.prnewswire.com/media/1455896/CAE_Logo.jpg 

CAE provides a confidential, reliable source for buying and selling 
semiconductor production equipment and commodities. CAE's introduction into the 
marketplace has created a safe space for device manufacturers to trade 
equipment without their competitors having any indication into their day-to-day 
business, entering their facilities, or diverting internal resources from their 
primary business function. Through CAE, sellers can now rapidly reach a 
community of tens of thousands of potential buyers, transact in a 
compliance-guaranteed environment, and with the addition of GIS, not lift a 
finger to gather and disseminate asset information. 

Today, GIS provides CAE's clients with rapid reactions to their needs and 
real-time information on assets worldwide by diving deep into known assets and 
suppliers and unearthing new assets and suppliers daily. GIS is the only tool 
of its kind in the semiconductor industry because it provides buyers with 
proprietary assets that aren't available online. CAE's inspection professionals 
are based within same-day proximity to nearly all active fabrication 
facilities. This enables CAE to accumulate proprietary data from fabrication 
facilities to provide their clients with access to inventory that can't be 
found anywhere else. Meanwhile, CAE is ensuring that the information that's 
going to the market is accurate and safe. Through GIS, CAE provides 
on-the-ground support to conduct due diligence before products are traded and 
shipped to buyers. Once a transaction is complete, CAE's in-house team oversees 
the logistics of relocating the asset out of the seller's location and 
transporting it to the buyer's location, including an industry-leading export 
compliance system.

"GIS was established to make the semiconductor equipment and commodity market 
safe, transparent, and reliable," said Ryan Jacob, chief executive officer for 
CAE. "We are streamlining the process for buyers by anticipating and collecting 
necessary information, based on what hundreds of buyers have requested in the 
past, to ensure that our information is comprehensive and accurate. We are 
simplifying the process for sellers because we are local to wherever they are 
and we can move faster than anyone else. CAE stands by the accuracy of the 
information it collects. The equipment or materials photographed, shown in a 
video, or demonstrated will arrive with everything in the pictures, video, or 
demonstration. We stand behind it and it is guaranteed in the transactions for 
thousands of assets we trade each year. No one else stands behind their 
information." 

"We are in the midst of a global semiconductor shortage -- CAE is addressing 
the semiconductor shortage by uncovering the assets that are bridging the gap 
between supply and demand, reducing lead times, and removing transactional 
risk," said Austin Gill, vice president of operations for CAE. "CAE has 
invested heavily into technology designed to support GIS. We have the largest 
on-the-ground presence in the world with 25 people supporting our in-house 
inspection services."

CAE's internally developed, proprietary technology creates a transactionally 
validated solution for end-to-end sourcing, due diligence, purchasing and 
logistics management for the semiconductor market. CAE tracks over 555,000 
assets inside fabrication facilities, warehouses, refurbishment companies and 
research centers worldwide -- many on an exclusive basis. Simultaneously, CAE 
works with clients on over 271,000 active inquiries, the most extensive 
collection of supply and demand in the world. In 2021, GIS is projected to 
conduct over 600 inspections, estimated at 12,000 assets, across fabrication 
facilities, research centers, warehouses and refurbishment companies worldwide.

About CAE
CAE is a global software and data-driven physical commodity trader for 
semiconductor production equipment and commodities. Headquartered in Austin, 
Texas, CAE developed the market-share-leading, transaction-validated technology 
that enables the end-to-end processing of semiconductor equipment and commodity 
purchases, sales and shipments. To learn more, please visit caeonline.com ( 
https://c212.net/c/link/?t=0&l=en&o=3185695-1&h=2405136940&u=http%3A%2F%2Fwww.caeonline.com%2F&a=caeonline.com 
). 

SOURCE CAE

CONTACT: Morgan Lawrence, APR, Director of Communications, THE rAVe Agency, 
Mobile: +1 (419) 631-8052, Email: morgan@theraveagency.com, 
www.theraveagency.com
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