The Online Investor
Semiconductors M&A image Semiconductors M&A » By The Online Investor Staff, updated Wed., Jun. 29, 9:13 AM Recent mergers and acquisitions in the Semiconductors M&A category.

Slide #94. Photronics Semiconductor Mask Corporation PSMC

Acquirer: Photronics Semiconductor Mask Corporation (NASDAQ:PLAB)
Acquiree: PSMC
Details: The Board of Photronics Semiconductor Mask Corporation ("PSMC"), a majority-owned subsidiary of Photronics, Inc. (NASDAQ:PLAB), earlier today approved the filing of an application for the voluntary delisting of its stock from Taiwan's GreTai Securities Market ("GTSM"). After approval from the GTSM, Photronics intends to launch a tender offer to acquire the remaining outstanding shares of PSMC. Each of the delisting and the tender offer process is subject to various regulatory approvals and is anticipated to be completed over the next four to six months. The transaction is estimated to cost Photronics in the aggregate up to approximately $25 to $30 million. Photronics currently owns 75% of the outstanding shares of PSMC.

Photronics is a manufacturer of photomasks, which are photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a main element in the manufacture of integrated circuits (ICs) and flat-panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of ICs, a variety of FPDs and, to a lesser extent, other types of electrical and optical components. Co. supports customers across the spectrum of IC production and FPD technologies by manufacturing photomasks using electron beam or optical (laser-based) lithography systems.

PLAB SEC Filing Email Alerts Service

Open the PLAB Page at The Online Investor »

Company Name: 
Photronics, Inc.
Stock buyback: 
PLAB buyback
Number of ETFs Holding PLAB: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the PLAB Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree PLAB Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
76th percentile
(ranked higher than approx. 76% of all stocks covered)

Analysts' Target Price:
PLAB Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Semiconductors M&A - Slide 94 of 100 Page |

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.