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Applied Materials continues service business acquisitions |
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Nov 30, 2005 at 10:23 AM |
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Applied Materials has acquired the
outstanding shares in ChemTrace Corporation and ChemTrace Precision Cleaning
that it didn't already own via its Metron Technology services business. Terms
of the all cash deal were not disclosed however.
Only a few weeks
ago Applied's Mike Splinter highlighted to financial analysts that the services
business would continue to grow and expand with acquisitions remaining part of
the growth strategy.
"Repeatable
and predictable cleaning, coating and refurbishment of components for process
equipment is essential for minimizing defects during semiconductor
manufacturing, enabling tighter process control and lowering overall cost of
ownership," said Werner Finsterbusch, general manager of Metron
Technology. "The acquisition of ChemTrace will enable Metron to serve
customers in new markets and provide them with a consistent source of quality
parts cleaning solutions. It will also expand our capability to create advanced
cleaning processes as new components, materials and films are being developed
in the industry. We believe this is an excellent opportunity for Metron and an
important element of our fab-wide services solutions."
ChemTrace,
provides equipment and component cleaning services as well as contamination
control and particulate analysis. ChemTrace willnow be operated as part of
Metron Technology
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