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INDUSTRY NEWS
Expansions and Acquisitions
Deal
offers yield benefits
HPL
Technologies says its proposed acquisition of TestChip Technologies
will allow chipmaking clients to better match process technology development
and yield learning. Set to close by the end of March, the deal calls
for HPL to purchase all outstanding shares of TestChip's parent company,
Covalar Technology Group, for $10 million in cash and 1.9 million shares
of HPL common stock. Total value of the acquisition is approximately
$35 million, according to HPL. The San Josebased company specializes
in yield-optimization software. TestChip of Plano, TX, is a provider
of software and IP for speeding ramp-ups of new semiconductor processes.
MKS
completes ENI deal
MKS
Instruments has purchased the ENI division of Emerson for 12 million
shares of common stock worth approximately $288 million. ENI makes solid-state
RF and DC plasma power suppliers and related instruments for use in
manufacturing semiconductors and other thin-film products. Headquartered
in Andover, MA, MKS makes gas measurement, control, and analysis products.
ENI is based in Rochester, NY. According to MKS, the two companies had
combined revenues of approximately $490 million for the 12-month period
ended September 30, 2001.
BOC
to debut unit
BOC
Edwards says it will form a liquid abatement business unit after it
closes a deal for a manufacturer of liquid purification systems. After
BOC buys Hydromatix of Santa Fe Springs, CA, the company plans to integrate
the vendor's technology into its chemical management division. BOC believes
the acquisition will enable it to provide abatement solutions for chipmakers
using CMP and ECD processes. Hydromatix holds a patent on its 786 ion-exchange
technology, which reduces waste regeneration by more than 90%, according
to BOC.
Advanced
acquires Aera
Completing
a deal that began early last year, Advanced Energy Industries has acquired
Aera Japan for an estimated $78 million. The closing price included
cash and assumed debt. Based in Hachioji, Japan, Aera manufactures mass-flow
controllers. Advanced Energy is based in Ft. Collins, CO, and specializes
in components for power delivery, power control, remote plasma clean,
process instrumentation, and related semiconductor manufacturing uses.
The company grabbed a stake in the mass-flow controller market segment
when it purchased Emco in January 2001.
Rockwood
buys reclaimer
A
leading supplier of wafer reclaim services has broadened its reach through
the acquisition of another company that specializes in wafer polishing,
wafer refurbishing, and wafer reclaiming. Exsil says its parent firm,
Rockwood Specialties, has acquired American Silicon Products of Providence,
RI, for an undisclosed sum. American Silicon is a subsidiary of SEMX.
Exsil operates factories in San Jose and Prescott, AZ, and in Europe
through Rockwood Electronic Materials. The company processes 200- and
300-mm silicon and gallium arsenide wafers. The acquisition will enable
Exsil to broaden its customer offerings, Rockwood says.

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© 2007 Tom Cheyney
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