Camtek and SELA- Semiconductor Engineering Laboratories have signed an agreement, which will see the SEM and TEM equipment supplier acquired by Camtek for approximately US$9.5 million based on SELA's revenues. SELA recently introduced the Xact, the first TEM sample preparation tool using Adaptive Ion Milling (AIM) technology. The transaction is expected to be completed during the fourth quarter of 2009.
"This acquisition of SELA is directly aligned with our strategy of further enhancing Camtek's position and presence in the semiconductor market, enabling us to further expand our offering to this market", commented Rafi Amit, Camtek's CEO. "We intend to leverage Camtek's global infrastructure, sales and support teams, manufacturing and facilities, to service SELA's existing customer base, while targeting new customers."