ASM International Finalizes Sale of NanoPhotonics AG
Published on October 2, 2008 at 6:52 PM
ASM International today
announced that it has finalized the sale of its 72.86% interest in NanoPhotonics
AG, a company engaged in defect measurement equipment for the semiconductor
industry, to Ricmar Beteiligungs GmbH, of Kramsach, Austria. This divestiture
is part of ASMI's plan to focus on its core wafer processing portfolio strengths
as outlined in its Roadmap to Front-end Peer Group Profitability.
ASMI recorded an impairment charge of €1.4 million related to goodwill
of its investment in NanoPhotonics in the 2008 second quarter, and the Company
does not expect this transaction to have any additional material impact on its
Statement of Operations.