ASM International Finalizes Sale of NanoPhotonics AG

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.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    ASM International. (2019, February 15). ASM International Finalizes Sale of NanoPhotonics AG. AZoNano. Retrieved on November 17, 2019 from https://www.azonano.com/news.aspx?newsID=7922.

  • MLA

    ASM International. "ASM International Finalizes Sale of NanoPhotonics AG". AZoNano. 17 November 2019. <https://www.azonano.com/news.aspx?newsID=7922>.

  • Chicago

    ASM International. "ASM International Finalizes Sale of NanoPhotonics AG". AZoNano. https://www.azonano.com/news.aspx?newsID=7922. (accessed November 17, 2019).

  • Harvard

    ASM International. 2019. ASM International Finalizes Sale of NanoPhotonics AG. AZoNano, viewed 17 November 2019, https://www.azonano.com/news.aspx?newsID=7922.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit