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ASML Acquiring Cymer for $2.5B

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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.


EuroPhotonics
Dec 2012
GLOSSARY
photolithography
A lithographic technique using an image produced by photography for printing on a print-nonprint, sectioned surface.
acquisitionsAmericasASMLBob AkinsCaliforniaCymerdealdeep-ultravioletDUVEric MeuriceEuro NewsEuropeEUVextreme ultravioletGordon Mooreindustrialintegrated circuitsIntellight sourceslithographymicrochipMoores LawnanoNetherlandsNewsphotolithographysemiconductorsShareholdertransaction

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