July 19, 2005 – Cymer Inc. and Carl Zeiss SMT AG announced the creation of TCZ GmbH, a joint venture (60% Cyber, 40% Carl Zeiss) focused on production equipment for flat panel displays (FPDs). Based on their combined laser and optics expertise, the companies have developed a production tool to improve low temperature polysilicon (LTPS) processes for thin film transistor (TFT) displays.
Operational headquarters of TCZ will be located in San Diego, and led by CEO Brian Klene, former executive VP of emerging technologies and applications at Cymer. Klene will report to the TCZ board of directors, consisting of both Cymer and Carl Zeiss SMT executives.
“The Cymer-Carl Zeiss SMT relationship is built on a solid tradition of innovation and success, which has been proven through our partnerships on several technology initiatives,” said Dr. Hermann Gerlinger, president and chief executive officer of Carl Zeiss SMT AG. “…We’re confident this joint venture will be a winning combination for flat panel display makers.”