Axcelis Technologies, Inc. 55 Cherry Hill Dr. Beverly, MA 01915 Phone: 978-232-4000 Fax: 978-232-4200
semiconductor.eaton.com
Axcelis Technologies, a subsidiary of Eaton Corporation, excels at its core business: ion implantation devices. Chip makers use ion implanters to insert electrically charged particles into silicon wafers, changing their conductive properties. Axcelis' other chip equipment includes systems for dry strip, photostabilization, and rapid thermal processing. The company and SEN, its Japanese joint venture with Sumitomo, supply products to 19 of the 20 largest semiconductor makers in the world. STMicroelectronics, Motorola, and Texas Instruments collectively account for nearly 40% of sales. US customers account for about 85% of sales. Following Axcelis' planned IPO, Eaton will retain about 80% of the company.
Top Competitors Applied Materials | Silicon Valley Group | Varian Semiconductor
IPO Information Filing Date: May 5, 2000 Expected IPO Date: Jul 10, 2000
Proposed offer price: $20.00 to $22.00
Shares offered (mil.): 15.5 Offering amount (mil.): $325.5 Post-offering shares (mil.): 95.5
Underwriters: Goldman, Sachs & Co.; Morgan Stanley Dean Witter; Lehman Brothers; Salomon Smith Barney |