San Francisco – June 25, 2019 – Cooley advised Nanometrics on its agreement to combine with Rudolph Technologies in an all-stock merger of equals transaction. Sam Livermore, Steve Tonsfeldt and Anne Lieberman led the Cooley team advising Nanometrics on the transaction, which is expected to close in the second half of the year.
Upon completion of the merger, current Nanometrics stockholders will own approximately 50% and current Rudolph stockholders will own approximately 50% of the combined company. Given the companies’ complementary product portfolios, the merged company will be a premier end-to-end metrology, inspection, process control software and lithography equipment provider for the semiconductor industry and other advanced markets. The combined company will also have a broader, more global scale, enabling it to better invest, compete and provide innovative services to its customer base.
“We believe the combined global support organizations, technology development teams and product portfolio will create a unique, end-to-end solution provider across the entire semiconductor fabrication process,” said Pierre-Yves Lesaicherre, president and CEO of Nanometrics, in a news release.
Nanometrics is a leading provider of advanced, high-performance process control metrology and inspection solutions used primarily in the semiconductor manufacturing industry, as well as in the fabrication of other solid-state devices and components in the optoelectronic, LED and storage industries, and more recently in the industrial, aerospace and scientific research markets.
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