Bruker Completes Acquisition of Jordan Valley Semiconductors Ltd.
02 November 2015 - 11:03PM
Business Wire
Acquisition Strengthens Bruker’s Product Line
for Advanced Node Metrology
Bruker Corporation (NASDAQ: BRKR) today announced the closing of
its acquisition of Jordan Valley Semiconductors Ltd., a major
provider of X-ray metrology and defect-detection equipment for
semiconductor process control. The addition of Jordan Valley’s
innovative in-line X-ray metrology to Bruker’s existing X-ray
metrology technologies will position the Bruker Semiconductor
Division as the leading X-ray metrology system provider for
semiconductor applications at advanced nodes.
“The more demanding nano-metrology requirements of ever smaller
features and three-dimensional structures are being driven by
increasing demand in data processing, cloud computing and mobile
technologies,” said David V. Rossi, President of the Bruker
Semiconductor Division. “The combination of Jordan Valley’s core
metrology strengths with Bruker’s complementary X-ray technologies
gives us a greater range of capabilities to best support the rapid
development and production challenges facing our customers. We are
committed to continuing the Jordan Valley history of success with
superior X-ray solutions for advanced semiconductor metrology.”
“For the past twenty years, Jordan Valley has provided leading
non-destructive X-ray metrology products and services to the
world’s top semiconductor manufacturers,” added Isaac Mazor,
Founder and CEO of Jordan Valley Semiconductors, and now Vice
President and General Manager of Bruker’s X-ray Semiconductor
business. “We are excited by the access to Bruker’s increased
global market reach and resources, and we look forward to
delivering innovative metrology systems that will enable
semiconductor manufacturers to meet the industry’s technology
roadmap.”
Financial details of the transaction were not disclosed. The
acquired business is expected to add approximately $25-$30 million
to Bruker’s 2016 revenue, and approximately one to two cents to
Bruker’s 2016 EPS.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements may be identified by the use of
words such as “anticipate,” “believe,” “expect,” “will,” “may,”
“estimate,” “plan,” “outlook,” and “project” and other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. Such forward-looking
statements reflect the views of management at the time such
statements are made and are subject to a number of risks,
uncertainties, estimates, and assumptions that may cause actual
results to differ materially from current expectations. Although we
believe the assumptions upon which these forward-looking statements
are based are reasonable, any of these assumptions could prove to
be inaccurate and the forward-looking statements based on these
assumptions could be incorrect. Our actual future performance may
differ materially from such expectations as a result of important
risk factors, which include, in addition to those identified in the
our Annual Report on Form 10-K for the year ended December 31, 2014
and our other subsequent filings with the Securities and Exchange
Commission, risks and uncertainties associated with our ability to
finalize and close, and then manage and integrate the acquisition
of Jordan Valley Semiconductors. These risks and uncertainties
could cause actual results to differ materially from those stated
or implied in these forward-looking statements. We expressly
disclaim any obligation to update or revise these forward-looking
statements, except as required by law or regulation.
About Jordan Valley Semiconductors Ltd
Jordan Valley Semiconductors has built a strong reputation
around its comprehensive portfolio of advanced metrology and defect
inspection tools, based on X-ray technologies, such as XRR (X-ray
reflectometry), XRF (X-ray fluorescence), and XRD (X-ray
diffraction). Jordan Valley's fully automated, non-contact and
non-destructive tools are designed for front-end and back-end
applications on patterned or blanket wafers. With headquarters in
Migdal Ha`Emek, Israel, the company has subsidiaries in Durham, UK;
Austin, TX (USA); Hsin-Chu, Taiwan; Suwon, Korea; and other offices
and sales representatives worldwide. For more information about
Jordan Valley Semiconductors, please visit www.jvsemi.com.
About Bruker Corporation (NASDAQ: BRKR)
For more than 50 years, Bruker has enabled scientists to make
breakthrough discoveries and develop new applications that improve
the quality of human life. Bruker’s high-performance scientific
research instruments and high-value analytical solutions enable
scientists to explore life and materials at molecular, cellular and
microscopic levels.
In close cooperation with our customers, Bruker is enabling
innovation, productivity and customer success in life science
molecular research, in applied and pharma applications, in
microscopy, nano-analysis and industrial applications, as well as
in cell biology, preclinical imaging, clinical research,
microbiology and molecular diagnostics. For more information,
please visit www.bruker.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151102005044/en/
Media Contact:Bruker NANO GroupStephen Hopkins,
+1-520-741-1044 x1022Marketing Communications
Supervisorsteve.hopkins@bruker.comorInvestor Contact:Bruker
CorporationJoshua Young, +1-978-663-3660 x1479Vice President,
Investor Relations & Corporate
DevelopmentJoshua.young@bruker.com
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