Jennifer L. MoreySAN JOSE, Calif. -- Silicon Valley Group Inc., a supplier of automatic wafer processing equipment to the semiconductor industry, agreed last month to acquire precision optics manufacturer Tinsley Laboratories Inc. in a stock pooling transaction valued at $42 million. Under the terms of the agreement, Silicon Valley will exchange a 0.6594 share of its common stock for each outstanding share of Tinsley common stock. The day after the agreement was announced, Tinsley's stock skyrocketed 88 percent to close at $20.25 per share. The acquisition is expected to close in the fourth quarter of this...Read full articleRelated content from Photonics MediaArticlesGestalt Robotics Joins INDUS GroupINDUS Holding AG has acquired robotics technology company Gestalt Robotics. The company joins INDUS’ engineering segment. 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