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Novellus acquires Peter Wolters AG.

Marking an expansion of its non-IC related business, Novellus Systems Inc., San Jose, CA, has agreed to acquire Peter Wolters AG, a privately-held manufacturer of high-precision machine manufacturing tools head-quartered in Rendsburg, Germany. The transaction adds a series of industry-leading machine tools to Novellus including a chemical mechanical planarization (CMP) product line that will augment its existing CMP technology for semiconductor manufacturing. Novellus only recently established its position in the machinin equipment and CMP areas when it acquired the assets of SpeedFam IPEC in December 2002.

Peter Wolters is a supplier of lapping, grinding, polishing, and deburring products for fine surface optimization of metal, glass, ceramics, plastics, and, more recently, nanorange semiconductor materials. The company's lapping and grinding core technology will be merged with the Novellus SpeedFam industrial business and the combined product lines will be marketed under the Peter Wolters name. R&D will be devoted to high-end planarization and deburring solutions. Peter Wolters, Booth 7520, www.rsleads.com/408tp-194
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Title Annotation:news & analysis
Publication:Tooling & Production
Geographic Code:1USA
Date:Aug 1, 2004
Words:161
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