MIGDAL HAEMEK,
Israel , Nov. 1, 2023 /PRNewswire/ -- Camtek Ltd.
(NASDAQ: CAMT) (TASE: CAMT), a leading manufacturer of metrology
and inspection equipment, is pleased to announce today the closing
of its acquisition of FRT Metrology ("FRT") business for
$100 million in cash, subject to
customary purchase price adjustments, from FormFactor (Nasdaq:
FORM) which was initially announced September 18, 2023.
Rafi Amit, CEO of Camtek
commented, "We are very excited to have closed this strategic
transaction that expands our available markets and allows us to
offer advanced solutions to additional process steps in
semiconductor manufacturing. FRT's portfolio supports our strategic
goal to deliver comprehensive metrology solutions. With this
expanded product and technology offering, supported by the synergy
in our markets, Camtek is well-positioned for continued growth in
its strategic market segments."
For more information about Camtek Ltd. and its advanced
inspection and metrology solutions, please visit
www.camtek.com.
ABOUT CAMTEK LTD.
Camtek is a developer and manufacturer of high-end inspection
and metrology equipment for the semiconductor industry. Camtek's
systems inspect IC and measure IC features on wafers throughout the
production process of semiconductor devices, covering the front and
mid-end and up to the beginning of assembly (Post Dicing). Camtek's
systems inspect and measure wafers for the most demanding
semiconductor market segments, including Advanced Interconnect
Packaging, Heterogenous Integration, Memory and HBM, CMOS Image
Sensors, Compound Semiconductors, MEMS, and RF, serving numerous
industry's leading global IDMs, OSATs, and foundries.
With manufacturing facilities in Israel and Germany, and eight offices around the world,
Camtek provides state of the art solutions in line with customers'
requirements.
This press release is available at www.camtek.com
This press release contains statements that may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on Camtek's current beliefs, expectations and
assumptions about its business and industry, all of which may
change. Forward-looking statements can be identified by the
use of words including "believe," "anticipate," "should," "intend,"
"plan," "will," "may," "expect," "estimate," "project,"
"positioned," "strategy," and similar expressions that are intended
to identify forward-looking statements, including statements
relating to the semiconductors manufacturing market and our
position in this market. These forward-looking statements involve
known and unknown risks and uncertainties that may cause the actual
results, performance or achievements of Camtek to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements, including
statements regarding the companies' products, prospects and results
following the transaction and markets, the effect of the evolving
nature of the recent war in Gaza
between Israel and the Hamas; the
impact of any new or revised export and/or import and
doing-business regulations or sanctions, such as changes in U.S.
trade policies; as well as those other factors discussed in our
Annual Report on Form 20-F and other documents filed by
Camtek.
While we believe that we have a reasonable basis for each
forward-looking statement contained in this press
release, we caution you that these statements are based on a
combination of facts and factors currently known by us and our
projections of the future, about which we cannot be certain. In
addition, any forward-looking statements
represent Camtek's views only as of the date of this press
release and should not be relied upon as representing
its views as of any subsequent date. Camtek does not assume any
obligation to update any forward-looking statements unless required
by law.
CAMTEK LTD.
Moshe Eisenberg,
CFO
Tel: +972 4 604
8308
Mobile: +972 54 900
7100
moshee@camtek.com
|
INTERNATIONAL INVESTOR
RELATIONS
EK Global Investor
Relations
Ehud Helft
Tel: (US) 1 212 378 8040
camtek@ekgir.com
|
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SOURCE Camtek Ltd.