May 8 2008
Nanometrics Incorporated, a leading supplier of advanced process control metrology equipment, today announced that it has acquired Tevet Process Control Technologies, Ltd. through an all-cash asset purchase transaction. Tevet is an integrated metrology company serving the worldwide semiconductor and solar manufacturing industry.
The acquisition of Tevet furthers Nanometrics’ strategy to offer a breadth of process control metrology solutions that address both advanced technology as well as cost of ownership. With this acquisition, Nanometrics adds the industry’s highest-throughput excursion monitoring IM product to its portfolio of metrology solutions. “The new IM products are differentiated and highly complementary to our IM business,” commented Steve Bradley, Director of the Integrated Metrology Business Unit at Nanometrics. “This represents an additional entry point for us with leading semiconductor OEMs, as well as companies in the solar manufacturing industry.”
The acquisition is expected to be accretive in 2008.