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
