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ASML closes Brion Technologies acquisition |
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Mar 08, 2007 at 04:16 PM |
 ASML Holding NV has completed its acquisition of Brion Technologies in an all-cash transaction valued at $270 million US dollars, the company announced.
"We are pleased to welcome Brion into our company," said Eric Meurice, president and CEO of ASML. "Brion's products and technology will complement and reinforce ASML's core lithography business, while ASML will help to accelerate Brion's growth into the growing market for Verification, Reticle Enhancement Technology (RET) and Optical Proximity Correction (OPC), by providing key lithography know-how."
Eric Chen will remain CEO of Brion, which will continue to support its current product offering and operate as a wholly owned subsidiary of ASML.
The move has followed in the wake of several key acquisitions by EDA companies of DFM-related businesses as the requirements for advanced technologies to reduce IC design re-spins escalate.
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