KLA to acquire QC Optics

Sept. 4, 2001 – Wilmington, MA – QC Optics Inc., a maker of equipment for inspecting computer hard disks and photomasks, said it has agreed to be acquired by semiconductor inspection firm KLA-Tencor Corp. for $3 million in cash.

Under terms of the deal, San Jose, CA-based KLA-Tencor will pay $1 a share, or about $3 million for the outstanding shares of QC Optics. It represents an 89 percent premium over QC’s most recent closing price of 53 cents on Aug. 24 on the American Stock Exchange.

The transaction is expected to close in October, QC said

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