Advantest Corp. (6857.TO) said Friday it has offered a revised proposal to Verigy Ltd. (VRGY) in which the Tokyo-based firm boosted its unsolicited buyout offer to $15 per share from $12.15 per share.

Advantest said nothing has been decided on the deal but it will continue to talk with Verigy, Cupertino, CA based firm.

Earlier this month, Advantest--whose mainstay product is a tester for dynamic random access memory, or DRAM, chips approached Verigy with a $728.8 million buyout offer but was rejected by Verigy, saying Advantest's proposal wasn't superior to the U.S. firm's pending transaction with LTX-Credence Corp.

Verigy has already agreed to buy rival LTX-Credence Corp. in an all-stock deal that Verigy values at about $438 million.

-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792; atsuko.fukase@dowjones.com
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