Lam, Strasbaugh enter CMP intellectual rights agreement

Fremont, California–Lam Research Corp. has entered into a $14 million strategic agreement with Strasbaugh, of San Luis Obispo, CA, to purchase a portfolio of chemical mechanical planarization (CMP) intellectual rights. Under the agreement, Lam also receives a minority interest in Strasbaugh and gains a seat on the company’s board of directors.

The transaction augments Strasbaugh’s capacity to develop its precision polishing and grinding systems and support their installed base within the telecommunications, optical, and semiconductor industries.


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