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Article: Sumitomo Precision Products Complete Acquisition of Aviza Technologies.
- Article from:
- Nanotechnology Weekly
- Article date:
- November 2, 2009
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Sumitomo Precision Products Co., Ltd. (SPP), announced that it has acquired the majority of the assets of Aviza Technology, Inc. The acquisition was closed on Friday 16 October after completion of the process required by the US bankruptcy court with jurisdiction over Aviza's Chapter 11 filing in June 2009.
The acquisition includes Aviza's single wafer process equipment subsidiary Aviza Technology Ltd (ATL); Aviza's thermal products business; and Aviza's global sales and service assets and personnel, with the exception of IP related to atomic layer deposition (ALD) systems and process.
ATL and the other acquired assets will be merged with Surface ...