Nanometrics agrees to sell FPD business unit to Toho Technology

September 22, 2005 – Nanometrics Inc. today announced it has agreed to sell its flat panel display (FPD) business unit to Toho Technology Corp. of Nagoya, Japan. Under the conditions of the sale, Nanometrics’ metrology technology will be licensed to Toho exclusively for use in the FPD market. The transaction is expected to close by year’s end.

Commenting on the transaction, John Heaton, Nanometrics president and CEO, said, “We are very pleased to be working with Toho Technology. This sale is another milestone in our corporate strategy to focus our business and technology efforts on growing market segments within our core industry, semiconductors.”

Hideyuki Tomita, president of Toho Technology, also commented; “We are grateful for this opportunity to work together with Nanometrics and to further develop our FPD business. Since 1819, our business has been built on relationships with customers and business partners. The Nanometrics technology compliments our existing portfolio.”

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

NEW PRODUCTS

KLA-Tencor announces new defect inspection systems
07/12/2018KLA-Tencor Corporation announced two new defect inspection products at SEMICON West this week, addressing two key challenges in tool and process monit...
3D-Micromac unveils laser-based high-volume sample preparation solution for semiconductor failure analysis
07/09/2018microPREP 2.0 provides order of magnitude time and cost savings compared to traditional sample...
Leak check semiconductor process chambers quickly and reliably
02/08/2018INFICON,a manufacturer of leak test equipment, introduced the UL3000 Fab leak detector for semiconductor manufacturing maintenance teams t...