- Onto Innovation Inc. (NYSE: ONTO) specializes in semiconductor manufacturing solutions, focusing on advanced packaging and metrology, with a record revenue of $1.005 billion in 2025.
- In the past year, Onto completed the acquisition of key product lines from Semilab International and launched the next-generation Dragonfly® systems, with a notable volume purchase agreement worth over $240 million from a high bandwidth memory manufacturer.
- The company has formed a strategic partnership with Rigaku Holdings Corporation to develop next-generation process control solutions, integrating X-ray technology with its Ai DiffractTM analysis software.
- Onto's ideal buyers are semiconductor manufacturers seeking advanced process control and metrology solutions, addressing the growing complexity in semiconductor fabrication and the increasing demand driven by AI investments.
Engineering is the largest function at Onto Innovation with 275 employees, accounting for about 47% of total headcount and highlighting the technical depth required for metrology and inspection systems. Operations (57 employees) and Sales & Support (56 employees) provide the next-largest groups, each representing just under 10% of staff and underscoring the importance of strong supply-chain execution and customer service. Information Technology (42), Marketing & Product (37), Finance & Administration (34), and Business Management (31) create a balanced mix of enabling teams, while Human Resources, Quality, and an "Other" category collectively make up the remaining 9% of employees. The distribution shows a company weighted toward product development yet supported by a full set of corporate functions.
More than 60% of Onto Innovation’s workforce (365 employees) is listed under "Other," indicating a sizable remote or globally dispersed contingent that supports customers across major chip-manufacturing regions. Among defined sites, the largest U.S. presence is in San Jose, California, with 47 employees, followed by Boston, Massachusetts (37), Minneapolis, Minnesota (33), and the broader San Francisco Bay Area (33). Additional clusters are located in Milpitas, CA; Wilmington, MA; Bend, OR; Fremont, CA; and St. Paul, MN. This geographic profile suggests a hub-and-spoke model anchored in key semiconductor corridors while maintaining flexibility to service clients worldwide.
