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Aixtron and Genus to Merge

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AACHEN, Germany and SUNNYVALE, Calif., July 2 -- Aixtron AG and Genus Inc., suppliers of advanced deposition equipment to the semiconductor industry, announced today they are planning to merge. Aixtron will acquire all outstanding Genus shares in a stock-for-stock transaction. Genus shareholders will receive 0.51 American depository receipts (ADRs) of Aixtron in exchange for each Genus common share. Each Aixtron ADR will represent one Aixtron ordinary share. At the completion of the transaction, Aixtron's shareholders will hold approximately 74 percent and Genus's shareholders approximately...Read full article

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    Published: July 2004
    advanced deposition equipmentAixtronatomic layer depositionBasic ScienceGenusmetal-organic chemical vapor depositionMOCVDNews & Featuressemiconductor industry

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