Rudolph Technologies Acquires Semiconductor Business of Applied Precision
FLANDERS, NJ, December 18, 2007
Rudolph Technologies (NASDAQ: RTEC), a manufacturer of process characterization equipment and software for thin-film measurement and macro defect inspection, has signed an agreement to acquire the net assets of the semiconductor business of Applied Precision®, LLC. Applied Precision, headquartered in Issaquah, WA, provides precision wafer probe card metrology systems and wafer probe process management systems to semiconductor final manufacturing facilities.
"We are very excited about bringing the Applied Precision semiconductor team into our organization," said Paul F. McLaughlin, chairman and CEO of Rudolph. "This acquisition combines two successful companies with complementary products and technologies and will accelerate our efforts to be a more complete supplier of back-end equipment and software. As the consolidation of our industry continues, we believe our combined strengths will enable us to continue providing our customers with process characterization excellence to meet tomorrow's process challenges. In addition, this acquisition gives us the benefit of leveraging multiple synergies between the two organizations, and we expect this transaction to be accretive to earnings within the first year."
"Applied Precision’s position as an industry leader in probe card test and analysis is a strategic fit for our organization and will give us the benefit of additional resources and global depth to address next-generation solutions for our customers," said Nathan Little, executive vice president and general manager of the Inspection Business Unit. "We are looking forward to combining operations with the newly formed Probe Card Test and Analysis Division,” he continued, ”and we expect to build on the new division’s number-one market share position in the probe card analytics market."
Rudolph Technologies is a worldwide leader in the design, development, manufacture, and support of high-performance process control metrology, defect inspection, and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. The company has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry's growth. Headquartered in Flanders, NJ, Rudolph supports its customers with a worldwide sales and service organization. Additional information can be found on the company’s website at
http://www.rudolphtech.com/.