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Chroma Ate Inc. announced a definitive agreement to acquire a 20.5% stake in Camtek for $74 million in cash. The transaction includes shares from Priortech and new shares issued by Camtek, and is expected to close by end of Q2 2019.
Chroma Ate Inc. has entered into a definitive agreement to acquire approximately 20.5% of Camtek's shares for $74.3 million, and the parties will enter into a technological licensing and cooperation agreement.