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Article: Applied Materials to Acquire Etec Systems in Stock Swap; Applied Materials to Enter the Mask Making Equipment Market.
- Article from:
- Business Wire
- Article date:
- January 12, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors & High-Tech Writers
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 12, 2000
Applied Materials, Inc. (Nasdaq:AMAT) and Etec Systems, Inc. announced today that they have reached a definitive agreement for Applied Materials to acquire Etec in a stock-for-stock merger. Each share of Etec's stock will be exchanged for .649 shares of Applied Materials' common stock. The proposed acquisition is expected to combine the strengths of the world's largest semiconductor equipment company with the leading manufacturer of mask pattern generation solutions for the semiconductor and electronics industries.
"The combination of two industry leaders, ...
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Article: Etec Systems Announces New Managing Director for ...
Business Wire;
September 2, 1999 ;
698 words
... ... WIRE)--Sept. 2, 1999-- Etec Systems, Inc. (Nasdaq:ETEC ... Averdung comes to Etec from Applied Materials, where he served most recently ... Germany site. About Etec Etec Systems, Inc. is a leader in patterning ...
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