Advantest Corp. (6857.TO) said Tuesday it has made a buyout proposal to U.S. semiconductor-testing company Verigy Ltd. (VRGY) worth nearly $730 million.

"We would like to start discussing the proposal with Verigy as soon as possible," said an Advantest spokeswoman.

The Japanese chip equipment maker is offering $12.15 per Verigy share.

Overnight, Verigy said that it has entered into buyout talks with Advantest.

-By Juro Osawa, Dow Jones Newswires; 813 6269 2794; juro.osawa@dowjones.com
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