Organization
Onto Innovation received a Medium Risk rating because it has adopted several race and identity-based policies that prioritize preferential treatment over merit, and it shows high risk in employment protection and advocacy bias. While its philanthropic and funding practices show lower risk, the company's overall pattern of engaging with politically charged initiatives contributed to its medium overall risk classification.
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Onto Innovation Inc. is an American semiconductor company formed in 2019 from the merger of Rudolph Technologies, Inc. and Nanometrics Incorporated. Onto Innovation is traded as on the New York Stock Exchange, it is a provider of process and process control equipment and software for microelectronic manufacturing industries (primarily semiconductor). The company's product offering includes automated defect inspection and metrology systems, probe card test and analysis systems, and lithography step-and-repeat systems. In addition, Onto Innovation provides a broad range of software products designed to improve yield, control processes and reduce manufacturing costs.