KLA-Tencor to acquire Orbotech for $3.4 billion
KLA-Tencor Corporation has agreed to acquire Orbotech Ltd. for approximately $3.4 billion in equity value, with a total consideration of about $69.02 per share, in a cash and stock deal.
Productsprocess control and yield management solutionsequipment for printed circuit boards, flat panel displays, advanced packaging
“This acquisition is consistent with our strategy to pursue sustained, profitable growth by expanding into adjacent markets.”ir.kla.com
- 6 sources
- ir.kla.comKLA-Tencor Announces Agreement to Acquire Orbotech Ltd. :: KLA Corporation (KLAC)Mar 19, 2018
- calcalistech.comKLA-Tencor Buys Electronics Parts Manufacturer Orbotech for $3.4 Billion - CTechMicky GrunfeldMar 19, 2018
- prnewswire.comKLA-Tencor Announces Agreement to Acquire Orbotech Ltd.KLA-Tencor CorporationMar 19, 2018
- haaretz.comIsrael’s Orbotech to Be Sold to KLA-Tencor in $3.4 Billion Deal - BusinessYoram Gabison, Eran AzranMar 19, 2018
- eetimes.comKLA-Tencor Buys Israel-based Orbotech for $3.4 Billion - EE Times
Summarized from public sources; check the original articles before acting on it.
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