ASM International N.V. completes divesture of RTP business
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ALMERE, NETHERLANDS, Oct 29 (MARKET WIRE) --
ASM International N.V. (NASDAQ: ASMI and Euronext Exchange in Amsterdam:
ASM) today announced that it has signed and completed the contract to
divest its Levitor RTP business to Levitech, a company controlled and
managed by the current RTP business unit management. As already mentioned
in the press release of June 10, the Levitech management will take over
all current Levitor business, including its approximately 20 employees
and customer service, and will develop new RTP-related products. The
divested RTP business will be for the risk and account of Levitech as of
18 June 2009. ASM is providing EUR 4 million working capital, which has
been expensed during the second quarter, and will have a non-controlling
minority share in the company.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its
subsidiaries design and manufacture equipment and materials used to
produce semiconductor devices. ASM International and its subsidiaries
provide production solutions for wafer processing (Front-end segment) as
well as assembly and packaging (Back-end segment) through facilities in
the United States, Europe, Japan and Asia. ASM International's common
stock trades on NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock
Exchange (symbol ASM). For more information, visit ASMI's website at
www.asm.com.
Safe Harbor Statement under the U.S. Private Securities Litigation Reform
Act of 1995: All matters discussed in this statement, except for any
historical data, are forward-looking statements. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. These include, but are not limited to, economic conditions
and trends in the semiconductor industry generally and the timing of the
industry cycles specifically, currency fluctuations, financing and
liquidity matters, the success of restructurings, the timing of
significant orders, market acceptance of new products, competitive
factors, litigation involving intellectual property, shareholder and
other issues, commercial and economic disruption due to natural
disasters, terrorist activity, armed conflict or political instability,
epidemics and other risks indicated in the Company's filings from time to
time with the U.S. Securities and Exchange Commission, including, but not
limited to, the Company's reports on Form 20-F and Form 6-K. The Company
assumes no obligation nor intends to update or revise any forward-looking
statements to reflect future developments or circumstances.
Investor Contacts:
Erik Kamerbeek
Tel: +31 88 100 8500
Mary Jo Dieckhaus
Tel: +1 212 986 2900
Media Contact:
Ian Bickerton
Tel: +31 20 6855 955
Mobile: +31 625 018 512
Attachments:
http://hugin.info/132090/R/1351189/326444.pdf
This
announcement was originally distributed by Hugin. The issuer is solely
responsible for the content of this announcement.
Copyright
Copyright Hugin AS 2009. All rights reserved.
Copyright 2009, Market Wire, All rights reserved.
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