Acquisition Strengthens Bruker’s Product Line for Advanced Node
Metrology
BILLERICA, Mass.--(BUSINESS WIRE)--
Bruker Corporation (NASDAQ: BRKR) today announced the closing of its
acquisition of Jordan Valley Semiconductors Ltd., a major provider of
X-ray metrology and defect-detection equipment for semiconductor process
control. The addition of Jordan Valley’s innovative in-line X-ray
metrology to Bruker’s existing X-ray metrology technologies will
position the Bruker Semiconductor Division as the leading X-ray
metrology system provider for semiconductor applications at advanced
nodes.
“The more demanding nano-metrology requirements of ever smaller features
and three-dimensional structures are being driven by increasing demand
in data processing, cloud computing and mobile technologies,” said David
V. Rossi, President of the Bruker Semiconductor Division. “The
combination of Jordan Valley’s core metrology strengths with Bruker’s
complementary X-ray technologies gives us a greater range of
capabilities to best support the rapid development and production
challenges facing our customers. We are committed to continuing the
Jordan Valley history of success with superior X-ray solutions for
advanced semiconductor metrology.”
“For the past twenty years, Jordan Valley has provided leading
non-destructive X-ray metrology products and services to the world’s top
semiconductor manufacturers,” added Isaac Mazor, Founder and CEO of
Jordan Valley Semiconductors, and now Vice President and General Manager
of Bruker’s X-ray Semiconductor business. “We are excited by the access
to Bruker’s increased global market reach and resources, and we look
forward to delivering innovative metrology systems that will enable
semiconductor manufacturers to meet the industry’s technology roadmap.”
Financial details of the transaction were not disclosed. The acquired
business is expected to add approximately $25-$30 million to Bruker’s
2016 revenue, and approximately one to two cents to Bruker’s 2016 EPS.
Forward-Looking Statements
This press release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of words such as
“anticipate,” “believe,” “expect,” “will,” “may,” “estimate,” “plan,”
“outlook,” and “project” and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements reflect the views of
management at the time such statements are made and are subject to a
number of risks, uncertainties, estimates, and assumptions that may
cause actual results to differ materially from current expectations.
Although we believe the assumptions upon which these forward-looking
statements are based are reasonable, any of these assumptions could
prove to be inaccurate and the forward-looking statements based on these
assumptions could be incorrect. Our actual future performance may differ
materially from such expectations as a result of important risk factors,
which include, in addition to those identified in the our Annual Report
on Form 10-K for the year ended December 31, 2014 and our other
subsequent filings with the Securities and Exchange Commission, risks
and uncertainties associated with our ability to finalize and close, and
then manage and integrate the acquisition of Jordan Valley
Semiconductors. These risks and uncertainties could cause actual results
to differ materially from those stated or implied in these
forward-looking statements. We expressly disclaim any obligation to
update or revise these forward-looking statements, except as required by
law or regulation.
About Jordan Valley Semiconductors Ltd
Jordan Valley Semiconductors has built a strong reputation around its
comprehensive portfolio of advanced metrology and defect inspection
tools, based on X-ray technologies, such as XRR (X-ray reflectometry),
XRF (X-ray fluorescence), and XRD (X-ray diffraction). Jordan Valley's
fully automated, non-contact and non-destructive tools are designed for
front-end and back-end applications on patterned or blanket wafers. With
headquarters in Migdal Ha`Emek, Israel, the company has subsidiaries in
Durham, UK; Austin, TX (USA); Hsin-Chu, Taiwan; Suwon, Korea; and other
offices and sales representatives worldwide. For more information about
Jordan Valley Semiconductors, please visit www.jvsemi.com.
About Bruker Corporation (NASDAQ: BRKR)
For more than 50 years, Bruker has enabled scientists to make
breakthrough discoveries and develop new applications that improve the
quality of human life. Bruker’s high-performance scientific research
instruments and high-value analytical solutions enable scientists to
explore life and materials at molecular, cellular and microscopic levels.
In close cooperation with our customers, Bruker is enabling innovation,
productivity and customer success in life science molecular research, in
applied and pharma applications, in microscopy, nano-analysis and
industrial applications, as well as in cell biology, preclinical
imaging, clinical research, microbiology and molecular diagnostics. For
more information, please visit www.bruker.com.
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Source: Bruker Corporation