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Revision History For: Axcelis Technologies, Inc. (ACLS)

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Return to Axcelis Technologies, Inc. (ACLS)
 
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