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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,209-0.5%Oct 31 9:30 AM EST

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To: SemiBull who wrote (1761)10/26/2004 8:55:40 PM
From: Proud_Infidel   of 1779
 
KLA-Tencor Acquires Inspex's Wafer Inspection Business
Tuesday October 26, 5:00 pm ET
Commits to supporting customers with installed base of Inspex wafer inspection systems

SAN JOSE, Calif., Oct. 26 /PRNewswire-FirstCall/ -- KLA-Tencor (Nasdaq: KLAC - News), the leading supplier of yield management and process control systems for the worldwide semiconductor industry, today announced that it has acquired the Wafer Inspection Systems business of Inspex, Inc., a U.S. company owned by Photonics Management Corporation, which is a subsidiary of Hamamatsu Photonics KK of Japan. Under terms of the agreement, the specific assets acquired by KLA-Tencor include all patents, technology, software, spare parts and inventory related to Inspex's wafer inspection business, which halted production when the company filed for bankruptcy in November 2003. The acquisition does not include other Inspex assets, such as the Data Management Software business, which was acquired by a separate party earlier this year.

The terms of the agreement provide that KLA-Tencor assures Inspex's existing customers have access to uninterrupted support for their installed base of tools. The agreement also provides that KLA-Tencor maintains support for a minimum of four years and offers a comprehensive scope of global services -- including 24x7 Customer Response Centers, flexible support programs, and time and materials services. Customers that own Inspex tools can contact the appropriate KLA-Tencor 24x7 regional Customer Response Center. Contact information, as well as a detailed description of services, can be found in the support section of the KLA-Tencor website at kla-tencor.com

About KLA-Tencor: KLA-Tencor is the world leader in yield management and process control solutions for semiconductor manufacturing and related industries. Headquartered in San Jose, Calif., the company has sales and service offices around the world. An S&P 500 company, KLA-Tencor is traded on the Nasdaq National Market under the symbol KLAC. Additional information about the company is available on the Internet at kla-tencor.com

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Source: KLA-Tencor
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