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Slide #100. Ultratech, Inc. — Cambridge Nanotech, Inc.
Ultratech, Inc. (UTEK)
Cambridge Nanotech, Inc.
Ultratech, Inc., a leading supplier of lithography and laser-processing systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), today announced that it has acquired the assets of Cambridge Nanotech, Inc. (Cambridge). Based in Cambridge, Mass., Cambridge was a leader in atomic layer deposition (ALD) solutions with hundreds of system installations in research and manufacturing settings worldwide. Financial terms of the transaction were not disclosed. With this acquisition, Ultratech expands its nanotechnology and intellectual property (IP) portfolio with ALD technology to provide solutions for new layers within the electronics industry and entry into new markets, such as biomedical and energy.
Ultratech develops, manufactures and markets photolithography, laser thermal processing, and inspection equipment for manufacturers of semiconductor devices, including packaging processes and various nanotechnology components such as thin film head magnetic recording devices, laser diodes, high-brightness light emitting diodes as well as atomic layer deposition systems for customers located throughout North America, Europe, Singapore, Japan, Taiwan, Korea and the rest of Asia. Co. provides two series of 1X lithography systems for use in the semiconductor fabrication process, the 1000 series and the AP series. For the packaging market, Co. provides its AP series built on the Unity Platform®.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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