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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: Proud_Infidel who wrote (1387)5/7/2001 2:05:42 PM
From: ima_posta2   of 1929
 
ACLS awarded a $50M ion implanter contract!!!

Monday May 7, 5:13 am Eastern Time
Israel's Tower awards contracts to U.S. firms
TEL AVIV, May 7 (Reuters) - Israel's Tower Semiconductor said on Monday it had awarded contracts worth over $70 million to two U.S. semiconductor industry suppliers to provide equipment and systems to its new chip plant in northern Israel.

Tower said Massachusetts-based Axcelis Technologies Inc (NasdaqNM:ACLS - news) would supply ion implanters in a deal worth more than $50 million over the next two years.

PRI Automation Inc (NasdaqNM:PRIA - news), also based in Massachusetts, would provide factory automation systems, software and services in a contract worth $22 million over four years.

Tower recently began constructing a $1.6 billion plant to produce up to 33,000 200-mm wafers per month in geometries of 0.18 micron and below.

Tower is an independent wafer manufacturer focused on advanced flash memory.
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