KLA-Tencor Cleared to Buy Therma-Wave

KLA-Tencor’s tender offer is slated to expire on May 17 if the acquisition is not completed. The company provides yield-management and process-control solutions for semiconductor manufacturing and related industries. Therma-Wave, founded in 1982, develops proprietary process-control metrology products and technologies for semiconductor manufacturing. Offerings include measurement devices for transparent and semi-transparent thin films, and tools for measuring critical dimensions and profiles of IC features.

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