SÜSS MicroTec AG: Divestment of SUSS MicroTec Precision Photomask Inc.
(firmenpresse) - SÜSS MicroTec AG / Key word(s): Enterprise/
SÜSS MicroTec AG: Divestment of SUSS MicroTec Precision Photomask Inc.
DGAP-Media / 17.10.2011 / 18:55
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PRESS RELEASE
SUSS MicroTec AG: Divestment of SUSS MicroTec Precision Photomask Inc.
Garching, October 17, 2011 - The SUSS MicroTec AG has sold its mask
manufacturing business - SUSS MicroTec Precision Photomask Inc. (formerly
known as Image Technology Inc.) - in Palo Alto, California, on October 14,
2011 to Compugraphics Inc.. This move supports the expansion of the SUSS
MicroTec Photo Mask Equipment business by eliminating competitive overlap
with prospective customers. Synergies with the core equipment business were
limited so that a deconsolidation will be possible easily. The divestment
of the mask business is a further step of SUSS MicroTec to focus on its
profitable and high growth core business areas. The transaction will have
no effect on the consolidated income statement.
Compugraphics Inc., a wholly owned subsidiary of OM Group, has acquired all
the assets of SUSS MicroTec Precision Photomask Inc. and will continue
operations in the US. Compugraphics is a globally acting mask manufacturer
with mask shops in the US, UK and Germany.
About SUSS MicroTec
SUSS MicroTec (listed on TecDAX of Deutsche Börse AG) is a leading supplier
of equipment and process solutions for microstructuring in the
semiconductor industry and related markets. In close cooperation with
research institutes and industry partners SUSS MicroTec contributes to the
advancement of next-generation technologies such as 3D Integration and
nanoimprint lithography as well as key processes for MEMS and LED
manufacturing. With a global infrastructure for applications and service
SUSS MicroTec supports more than 8,000 installed systems worldwide. SUSS
MicroTec is headquartered in Garching near Munich, Germany. For more
information, please visit http://www.suss.com.
Disclaimer
All statements in this release other than historical facts are
forward-looking statements within the meaning of U.S. Private Securities
Litigation Reform Act of 1995. Words such as 'believe', 'expect', 'intend',
'anticipate', 'estimate', 'should', 'may', 'will', 'plan' and similar words
and terms used in relation to the enterprise are meant to indicate
forward-looking statements of this kind. The company accepts no obligation
toward the general public to update or correct forward-looking statements.
All forward-looking statements are subject to various risks and
uncertainties, as a result of which actual events may diverge numerically
from expectations. The forward-looking statements reflect the view at the
time they were made.
Contact:
SUSS MicroTec AG
Franka Schielke
Schleissheimer Strasse 90
85748 Garching, Deutschland
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: franka.schielke(at)suss.com
End of Media Release
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Language: English
Company: SÜSS MicroTec AG
Schleissheimer Strasse 90
85748 Garching
Germany
Phone: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
E-mail: ir(at)suss.com
Internet: www.suss.com
ISIN: DE000A1K0235
WKN: A1K023
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP-Media
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142526 17.10.2011
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Bereitgestellt von Benutzer: EquityStory
Datum: 17.10.2011 - 18:55 Uhr
Sprache: Deutsch
News-ID 76956
Anzahl Zeichen: 4937
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Kategorie:
Business News
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