News Article
Novellus to buy European polishing toolmaker
Novellus Systems has agreed to acquire Peter Wolters, a manufacturer of high-precision machine manufacturing tools headquartered in Rendsburg, Germany. The deal brings a chemical mechanical planarisation (CMP) product line (particularly tungsten and dielectric) to add to NovellusÕ existing CMP technology for semiconductor manufacturing. The acquisition is expected to close in the beginning Q3 2004. Novellus acquired CMP tool producer SpeedFam-IPEC in 2002.
Novellus Systems has agreed to acquire Peter Wolters, a manufacturer of high-precision machine manufacturing tools headquartered in Rendsburg, Germany. The deal brings a chemical mechanical planarisation (CMP) product line (particularly tungsten and dielectric) to add to NovellusÕ existing CMP technology for semiconductor manufacturing. The acquisition is expected to close in the beginning Q3 2004. Novellus acquired CMP tool producer SpeedFam-IPEC in 2002.
Peter Wolters boasts a 200-year history in the supply of lapping, grinding, polishing and deburring products for fine-surface optimisation of metal, glass, ceramics plastics and, more recently, nano-range semiconductor materials. Peter WoltersÕ lapping and grinding core technology will be merged with NovellusÕ SpeedFam industrial business, and the combined product lines will be marketed under the Peter Wolters name.
The acquisition will also bring intellectual property to Novellus, together with system design engineers and a management team.
