September 4, 2001 — WILMINGTON, MA — San Jose-based KLA-Tencor plans to buy defect detection system manufacturer QC Optics.
Under the terms of the recently announced deal, KLA-Tencor will pay $3 million for the outstanding shares of QC Optics, which makes laser-based defect detection systems for the semiconductor and hard disk drive industries. According to QC officials, that represents an 88 percent premium over the company’s most recent closing price.
The deal, which is subject to the approval of QC stockholders, is expected to close in October.
KAL_tencor is a yield management and process control solution provider for the semiconductor manufacturing and related industries.