KLA-Tencor Completes Acquisition of AMRAY Inc.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 7, 1998--KLA-Tencor Corp. (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 :KLAC) today announced it has completed the acquisition of AMRAY, Inc. (Bedford, Mass.), a privately-owned leading provider of scanning electron microscope scan·ning electron microscope n. Abbr. SEM An electron microscope that forms a three-dimensional image on a cathode-ray tube by moving a beam of focused electrons across an object and reading both the electrons scattered by the object and (SEM) systems. The acquisition of AMRAY extends KLA-Tencor's highly integrated line monitoring solutions for semiconductor manufacturing by combining high resolution SEM capabilities with advanced patterned wafer inspection tools and automated defect classification software. AMRAY, founded in 1958 to specialize in electron optics electron optics n. (used with a sing. verb) The science of the control of electron motion by electron lenses in systems or under conditions analogous to those involving or affecting visible light. Noun 1. for research and manufacturing applications, will become a division of KLA-Tencor. The new division will be headed by Gerald T. Cameron Jr., former president of AMRAY, with operations remaining in Bedford. The transaction will be accounted for as a pooling of interests Pooling of Interests An accounting method, used in mergers and acquisitions, where the balance sheet items of the two companies are simply added together. Notes: The opposite of pooling of interests is the purchase acquisition method. . Specific terms of the agreement were not disclosed. KLA-Tencor is the world leader in yield management and process control solutions for semiconductor manufacturing and related industries. An S&P 500 company, KLA-Tencor is traded on the Nasdaq National Market under the symbol KLAC. Company headquarters are located in San Jose, Calif., with sales offices worldwide. Additional information about the company is available on the Internet at www.kla-tencor.com. CONTACT: KLA-Tencor Corp. Roberta Emerson, 408/875-3000 ext. 7037 |
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