May 16, 2007 – NexTech Solutions and FAS Technologies LLC, both based in Texas, have agreed to merge into a single legal entity. NexTech brings to the merger automated substrate calibration, inspection, and handling products. FAS, meanwhile, claims to hold 40 patents related to its “extrusion coating” technology, an alternative to spin-coating for liquid polymer films applied to flat-panel glass substrates as well as silicon wafers.
“The addition of FAS’s expertise, patented products and market-proven technologies will enable NexTech to expand its global customer base, address large, fast-growing markets and offer more productive processing solutions for current and next-generation products,” said NexTech president and CEO Tony DiNapoli, in a statement.
Ted Snodgrass, president/CEO of FAS, noted various synergies between the two companies, which already serve the same markets and will combine product development efforts.