KLA-Tencor / ADE Acquisition Receives German Antitrust Clearance
06 Oktober 2006 - 1:10AM
Business Wire
KLA-Tencor Corporation (Nasdaq:KLAC) and ADE Corporation
(Nasdaq:ADEX) announced that the acquisition of ADE by KLA-Tencor
has received the approval of German antitrust authorities and that
the previously announced Phase II investigation of the acquisition
has been closed. The acquisition has already been cleared by the
antitrust authorities in the United States and in all other
applicable jurisdictions. In addition, ADE�s stockholders approved
the acquisition on July 13, 2006. The parties expect the merger to
close on October 11, 2006. About ADE Corporation: ADE Corporation
is a leading supplier of metrology and inspection systems for the
semiconductor wafer, semiconductor device, magnetic data storage
and optics manufacturing industries. Wafer suppliers and device
manufacturers worldwide rely on ADE measurement and inspection
systems to certify and ensure the highest quality bare silicon
substrates. ADE�s most recent generation of products serve both
65nm in-line manufacturing applications and 45nm process
development. Semiconductor device yields begin with the bare wafer,
and ADE�s leading technology provides early insight into surface
defect, shape, flatness and nanotopography of these advanced 300mm
substrates. Additional information about ADE is available on the
Internet at http://www.ade.com, which website is not part of this
press release. About KLA-Tencor: KLA-Tencor is the world leader in
yield management and process control solutions for semiconductor
manufacturing and related industries. Headquartered in San Jose,
Calif., the company has sales and service offices around the world.
An S&P 500 company, KLA-Tencor is traded on the NASDAQ Global
Select Market under the symbol KLAC. Additional information about
the company is available on the Internet at
http://www.kla-tencor.com, which website is not part of this press
release. Cautionary Statement Regarding Forward-Looking Statements
This news release contains certain forward-looking statements
within the meaning of the �safe harbor� provisions of the United
States Private Securities Litigation Reform Act of 1995 and federal
securities law. Such forward-looking statements are subject to
known and unknown risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
such statements. Those statements that make reference to
expectations, predictions, beliefs, and assumptions should be
considered forward-looking statements. These statements include,
but are not limited to, those associated with the expected closing
time for the proposed merger. These statements involve risks and
uncertainties including those associated with failure to consummate
or delay in consummating the proposed merger, changes in laws or
regulations and other similar factors. Further information on
potential factors that could affect KLA-Tencor�s or ADE
Corporation�s respective businesses is contained in their reports
on file with the Securities and Exchange Commission, including
their respective Form 10-K�s. Except as otherwise required by
applicable law, KLA-Tencor and ADE are under no obligation to (and
expressly disclaim any such obligation to) update or alter their
respective forward-looking statements whether as a result of new
information, future events or otherwise. KLA-Tencor Corporation
(Nasdaq:KLAC) and ADE Corporation (Nasdaq:ADEX) announced that the
acquisition of ADE by KLA-Tencor has received the approval of
German antitrust authorities and that the previously announced
Phase II investigation of the acquisition has been closed. The
acquisition has already been cleared by the antitrust authorities
in the United States and in all other applicable jurisdictions. In
addition, ADE's stockholders approved the acquisition on July 13,
2006. The parties expect the merger to close on October 11, 2006.
About ADE Corporation: ADE Corporation is a leading supplier of
metrology and inspection systems for the semiconductor wafer,
semiconductor device, magnetic data storage and optics
manufacturing industries. Wafer suppliers and device manufacturers
worldwide rely on ADE measurement and inspection systems to certify
and ensure the highest quality bare silicon substrates. ADE's most
recent generation of products serve both 65nm in-line manufacturing
applications and 45nm process development. Semiconductor device
yields begin with the bare wafer, and ADE's leading technology
provides early insight into surface defect, shape, flatness and
nanotopography of these advanced 300mm substrates. Additional
information about ADE is available on the Internet at
http://www.ade.com, which website is not part of this press
release. About KLA-Tencor: KLA-Tencor is the world leader in yield
management and process control solutions for semiconductor
manufacturing and related industries. Headquartered in San Jose,
Calif., the company has sales and service offices around the world.
An S&P 500 company, KLA-Tencor is traded on the NASDAQ Global
Select Market under the symbol KLAC. Additional information about
the company is available on the Internet at
http://www.kla-tencor.com, which website is not part of this press
release. Cautionary Statement Regarding Forward-Looking Statements
This news release contains certain forward-looking statements
within the meaning of the "safe harbor" provisions of the United
States Private Securities Litigation Reform Act of 1995 and federal
securities law. Such forward-looking statements are subject to
known and unknown risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
such statements. Those statements that make reference to
expectations, predictions, beliefs, and assumptions should be
considered forward-looking statements. These statements include,
but are not limited to, those associated with the expected closing
time for the proposed merger. These statements involve risks and
uncertainties including those associated with failure to consummate
or delay in consummating the proposed merger, changes in laws or
regulations and other similar factors. Further information on
potential factors that could affect KLA-Tencor's or ADE
Corporation's respective businesses is contained in their reports
on file with the Securities and Exchange Commission, including
their respective Form 10-K's. Except as otherwise required by
applicable law, KLA-Tencor and ADE are under no obligation to (and
expressly disclaim any such obligation to) update or alter their
respective forward-looking statements whether as a result of new
information, future events or otherwise.
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