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Oct 18th, 2012
 
ASML to buy Cymer in €1.95BN deal
 
Lithography giant set to acquire its key provider of light sources in a bid to accelerate move to extreme ultraviolet systems.
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ASML, the world’s leading provider of lithography tools for semiconductor manufacturing, is to acquire Cymer, its key supplier of excimer lasers and extreme ultraviolet (EUV) light sources for the systems.

In a cash-plus-shares deal valued at €1.95 billion ($2.6 billion) that has already been approved unanimously by the boards of both companies, Netherlands-headquartered ASML will acquire the operations, assets and liabilities of Cymer – including its deep-UV excimer laser business.

The price compares with Cymer's overnight market capitalization of $1.49 billion.*

Assuming that both shareholders and regulators approve the agreement, the transaction is expected to close next year. After that, ASML says that it intends to manage Cymer’s commercial operations as an independent division based in the US.

To read more: http://optics.org/news/3/10/23

 

 
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