KLA-Tencor Completes Acquisition of Microelectronic Inspection Equipment Business Unit of Vistec Semiconductor Systems
MILPITAS, Calif.--(Business Wire)--
KLA-Tencor Corporation (NASDAQ:KLAC) today announced that it has
completed its acquisition of the Microelectronic Inspection Equipment
(MIE) business unit of Vistec Semiconductor Systems. The MIE business
unit of Vistec is headquartered in Weilburg, Germany and provides
advanced semiconductor mask and wafer manufacturing systems. Financial
terms of the transaction were not disclosed.
"Vistec has a renowned legacy for developing precision inspection
and metrology equipment," said Rick Wallace, chief executive officer
of KLA-Tencor. "The MIE division of Vistec complements KLA-Tencor's
product portfolio and provides an opportunity for growth into new
segments of the mask and wafer markets."
Vistec's MIE business unit is one of three internationally active
business units of Vistec Semiconductor Systems, which is wholly owned
by Golden Gate Capital, a San Francisco based private equity firm. The
Vistec Semiconductor Systems organization was formerly a part of Leica
Microsystems and took on its current name in March 2006.
Forward Looking Statements:
Statements in this press release other than historical facts, such
as statements regarding the potential benefits and growth
opportunities that may result from the transaction, are
forward-looking statements and are subject to the Safe Harbor
provisions created by the Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on current
information and expectations, and involve a number of risks and
uncertainties. Actual results may differ materially from those
projected in such statements due to various factors, including but not
limited to those associated with demand for the companies' respective
product lines; the results of product development efforts; the success
of product offerings to meet customer needs within the timeframes
required by customers in these markets; disruption from the proposed
acquisition making it more difficult to maintain relationships with
customers, vendors and employees; the failure to obtain and retain
expected benefits from the proposed acquisition; and other similar
factors. For other factors that may cause actual results to differ
materially from those projected and anticipated in forward-looking
statements in this release, please refer to the Company's Annual
Report on Form 10-K for the year ended June 30, 2008, subsequently
filed Quarterly Reports on Form 10-Q and other filings with the
Securities and Exchange Commission (including, but not limited to, the
risk factors described therein).
About KLA-Tencor:
KLA-Tencor Corporation is the world's leading supplier of process
control and yield management solutions for the semiconductor and
related microelectronics industries. Headquartered in Milpitas,
Calif., the company has sales and service offices around the world. An
S&P 500 company, KLA-Tencor is traded on the NASDAQ Global Select
Market under the symbol KLAC. Additional information about the company
is available at http://www.kla-tencor.com. (KLAC-F).
KLA-Tencor Corporation
Ed Lockwood, 408-875-9529 (Investor Relations)
Sr. Director, Investor Relations
ed.lockwood@kla-tencor.com
Meggan Powers, 408-875-8733 (Media Relations)
Sr. Director, Corporate Communications
meggan.powers@kla-tencor.com
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