SVG stockholders vote in favor of merger with ASM Lithography

San Jose, California–Silicon Valley Group (SVG) stockholders have voted, with approximately 99.4% in favor, to approve the proposed merger with ASM Lithography Holding N.V.

“We are excited about the future of SVG and ASM Lithography as a combined company,” said Silicon Valley Group’s CEO Papken Der Torossian during the merger meeting. “Following the merger, SVG’s stockholders will be given the opportunity to participate in a much larger and even more competitive company with a greater capacity for producing the most technologically advanced products for the semiconductor industry.”

Having already received antitrust clearance, consummation of the merger remains subject to the completion of the Exon-Florio review process and the satisfaction of other customary conditions.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.