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Article: KLA-Tencor Forms Corporate Venture Capital Group to Support and Accelerate The Development of New and Emerging Electronics Sectors.
- Article from:
- PR Newswire
- Article date:
- October 12, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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KT Venture Group to Augment KLA-Tencor's Growth Strategy and Provide Key
Opportunities for Technology Innovation
SAN JOSE, Calif., Oct. 12 /PRNewswire/ --
KLA-Tencor Corp. (Nasdaq: KLAC) today announced the formation of KT Venture Group, LLC, a new corporate venture capital fund. KT Venture Group is chartered with exploring and investing in early-stage start-up companies in the electronics industry. With $50 million in assets, the new venture capital fund will target the industries that complement KLA-Tencor's line of products and services, including the semiconductor, reticle, wafer manufacturing and data storage markets. In addition, KT ...