ASM Lithography and Ultratech in preliminary discussions to form strategic alliance.VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Sept. 26, 1995--ASM Lithography (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASMLF) and Ultratech Stepper step·per n. 1. One that steps, especially in a fast or spirited manner. 2. Informal A dancer. Noun 1. Inc. (NASDAQ:UTEK), both leading suppliers of photolithography equipment used to manufacture semiconductor devices, announced today that they are conducting preliminary discussions for the creation of a strategic alliance to explore ways of utilizing their respective strengths to address chipmakers' lithography capacity concerns. Discussions between ASM (1) (Association for Systems Management) An international membership organization based in Cleveland, Ohio. Founded in 1947 and disbanded in 1996, it sponsored conferences in all phases of administrative systems and management. Lithography and Ultratech are focusing on developing methods to provide a faster response to capacity constraints. The current intent of the proposed strategic alliance is to address the industry need for increased capacity with cost-effective lithographic lith·o·graph n. A print produced by lithography. tr.v. lith·o·graphed, lith·o·graph·ing, lith·o·graphs To produce by lithography. solutions. The alliance is intended to utilize the strengths of ASML's high productivity, leading-edge wafer steppers for advanced processing steps and Ultratech's wide-field, high-productivity, steppers for the non-critical levels. ASM Lithography, the productivity leader for advanced I-line and Deep Ultraviolet (UV) lithography systems, supplies wafer steppers to semiconductor manufacturers in the U.S., Asia and Europe. Headquartered in Veldhoven, The Netherlands, ASML Holding N.V.'s stock is traded on the Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. under the symbol (ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line ) and in the U.S. on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ASMLF. Ultratech Stepper, Inc., a market leader in mix-and-match lithography, designs, manufactures and markets photolithography steppers used worldwide in the fabrication of semiconductor and thin film magnetic recording head products that substantially reduce the cost of ownership for manufacturers in the electronics industry. Ultratech's common stock is traded on the NASDAQ Stock Market under the symbol UTEK. CONTACT: ASM Lithography Doug Marsh, 602/438-0559 Willem D. Maris, 31/40-258-0306 or Mathews & Clark Walt Mathews, 408/736-1120 |
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