The transactions are mutually conditioned on one another, and are anticipated to close simultaneously in January 2001. Mattson's existing stockholders will own the balance or 56 percent of the combined company's outstanding shares. As part of the agreement, Mattson Technology will own all intellectual property from both businesses.
Critical mass is the key issue in the semiconductor equipment industry.
It used to be that the team with the best technology won, but now you need more. Our customers need to know that we can support them on a global basis, and we now give them that confidence with size. Electron Vision Corp. The new company will continue to sell and manufacture electron beam stabilization and curing tools. Ferrofluidics has completed a merger with Ferrotec . The new company, headquartered in Nashua, N.H., manufactures magnetic liquid vacuum seals.