Ade (NASDAQ:ADEX)
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From May 2019 to May 2024
KLA-Tencor Corporation (Nasdaq:KLAC) and ADE Corporation (Nasdaq:ADEX)
announced that the acquisition of ADE by KLA-Tencor has received the
approval of German antitrust authorities and that the previously
announced Phase II investigation of the acquisition has been closed. The
acquisition has already been cleared by the antitrust authorities in the
United States and in all other applicable jurisdictions. In addition, ADE’s
stockholders approved the acquisition on July 13, 2006. The parties
expect the merger to close on October 11, 2006.
About ADE Corporation:
ADE Corporation is a leading supplier of metrology and inspection
systems for the semiconductor wafer, semiconductor device, magnetic data
storage and optics manufacturing industries. Wafer suppliers and device
manufacturers worldwide rely on ADE measurement and inspection systems
to certify and ensure the highest quality bare silicon substrates. ADE’s
most recent generation of products serve both 65nm in-line manufacturing
applications and 45nm process development. Semiconductor device yields
begin with the bare wafer, and ADE’s leading
technology provides early insight into surface defect, shape, flatness
and nanotopography of these advanced 300mm substrates. Additional
information about ADE is available on the Internet at http://www.ade.com,
which website is not part of this press release.
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 Global Select Market under the symbol KLAC. Additional
information about the company is available on the Internet at http://www.kla-tencor.com,
which website is not part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains certain forward-looking statements within
the meaning of the “safe harbor”
provisions of the United States Private Securities Litigation Reform Act
of 1995 and federal securities law. Such forward-looking
statements are subject to known and unknown risks and uncertainties that
could cause actual results to differ materially from those expressed or
implied by such statements. Those statements that make reference
to expectations, predictions, beliefs, and assumptions should be
considered forward-looking statements. These statements include,
but are not limited to, those associated with the expected closing time
for the proposed merger. These statements involve risks and
uncertainties including those associated with failure to consummate or
delay in consummating the proposed merger, changes in laws or
regulations and other similar factors. Further information on potential
factors that could affect KLA-Tencor’s or ADE
Corporation’s respective businesses is
contained in their reports on file with the Securities and Exchange
Commission, including their respective Form 10-K’s.
Except as otherwise required by applicable law, KLA-Tencor and ADE are
under no obligation to (and expressly disclaim any such obligation to)
update or alter their respective forward-looking statements whether as a
result of new information, future events or otherwise.
KLA-Tencor Corporation (Nasdaq:KLAC) and ADE Corporation
(Nasdaq:ADEX) announced that the acquisition of ADE by KLA-Tencor has
received the approval of German antitrust authorities and that the
previously announced Phase II investigation of the acquisition has
been closed. The acquisition has already been cleared by the antitrust
authorities in the United States and in all other applicable
jurisdictions. In addition, ADE's stockholders approved the
acquisition on July 13, 2006. The parties expect the merger to close
on October 11, 2006.
About ADE Corporation:
ADE Corporation is a leading supplier of metrology and inspection
systems for the semiconductor wafer, semiconductor device, magnetic
data storage and optics manufacturing industries. Wafer suppliers and
device manufacturers worldwide rely on ADE measurement and inspection
systems to certify and ensure the highest quality bare silicon
substrates. ADE's most recent generation of products serve both 65nm
in-line manufacturing applications and 45nm process development.
Semiconductor device yields begin with the bare wafer, and ADE's
leading technology provides early insight into surface defect, shape,
flatness and nanotopography of these advanced 300mm substrates.
Additional information about ADE is available on the Internet at
http://www.ade.com, which website is not part of this press release.
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 Global Select Market under the symbol KLAC.
Additional information about the company is available on the Internet
at http://www.kla-tencor.com, which website is not part of this press
release.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains certain forward-looking statements
within the meaning of the "safe harbor" provisions of the United
States Private Securities Litigation Reform Act of 1995 and federal
securities law. Such forward-looking statements are subject to known
and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by such statements.
Those statements that make reference to expectations, predictions,
beliefs, and assumptions should be considered forward-looking
statements. These statements include, but are not limited to, those
associated with the expected closing time for the proposed merger.
These statements involve risks and uncertainties including those
associated with failure to consummate or delay in consummating the
proposed merger, changes in laws or regulations and other similar
factors. Further information on potential factors that could affect
KLA-Tencor's or ADE Corporation's respective businesses is contained
in their reports on file with the Securities and Exchange Commission,
including their respective Form 10-K's. Except as otherwise required
by applicable law, KLA-Tencor and ADE are under no obligation to (and
expressly disclaim any such obligation to) update or alter their
respective forward-looking statements whether as a result of new
information, future events or otherwise.