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Tokyo Electron Ltd to Merge with Subsidiaries

Friday, 18 Jan 2013 02:30am EST 

Tokyo Electron Ltd announced that it has decided to merge with two wholly owned subsidiaries Tokyo Electron Technology Development Institute, Inc. and Tokyo Electron Software Technologies Limited, effective April 1, 2013. Tokyo Electron Technology Development Institute has been engaged in the development and manufacture of semiconductor manufacturing equipment in Miyagi, Japan and Tokyo Electron Software Technologies has been engaged in the development of semiconductor manufacturing equipment, flat panel display (FDP) manufacturing equipment and other systems in Tokyo, Japan. As a result, the Company will be the surviving company and the two subsidiaries will be dissolved.