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ASML Acquiring Cymer for $2.5B

EuroPhotonics
Dec 2012
Semiconductor lithography systems provider ASML Holding NV of Veldhoven, Netherlands, will acquire its light source supplier, Cymer Inc. of San Diego, for €1.95 billion (about $2.5 billion) in stock. The deal is expected to accelerate the development of extreme ultraviolet (EUV) semiconductor lithography technology. The companies have collaborated for more than a year on the development of EUV technology. “Cymer will operate as an independent division and the DUV [deep-ultraviolet] and EUV light source center of ASML,” Cymer Chairman and CEO Bob Akins said. The transaction is expected to close in the first half of 2013.


GLOSSARY
photolithography
A lithographic technique using an image produced by photography for printing on a print-nonprint, sectioned surface.
acquisitionAmericasASMLBob AkinsCaliforniaCymerdealdeep-ultravioletDUVEric MeuriceEuro NewsEuropeEUVextreme ultravioletGordon Mooreindustrialintegrated circuitIntellight sourceslithographymicrochipMoores LawnanoNetherlandsNewsphotolithographysemiconductorShareholdertransaction

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