ESI to Add Laser Scribing Business

(July 6, 2007) PORTLAND, OR &#151 Electro Scientific Industries, Inc. (ESI), agreed to acquire New Wave Research, Inc. (NWR &#151 Fremont, CA), adding sapphire wafer scribing, failure analysis, LCD repair, and other capabilities to its portfolio of microengineering equipment. ESI will pay $36 million net cash outlay for the laser-based-systems manufacturer.

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