Mergers & acquisitions
Tetreon Technologies has acquired the manufacturing rights, intellectual property and inventory for the Thermco horizontal furnace (HTR) product line from Aviza Technology. The purchase gives Tetreon full rights to manufacture and support horizontal furnace products that were originally marketed under the Thermco name and later produced by Silicon Valley Group and ASML.
Gerry Thurgood, president and managing director of Tetreon Technologies, comments: "This acquisition gives Tetreon a product that is respected as the leader in its class throughout the world and has an estimated installed base of over 8000 processing tubes. It is my goal to improve the service and response to those customers and offer significant improvements to the tools through upgrades as well as manufacture new tools for emerging markets."
US-based Beach Solutions has acquired VCX Software, a pioneer in semiconductor intellectual property (IP) management, profiling, delivery and IP portals. VCX Software runs the world-renowned IP portal www.theVCX.com. The VCX staff, technology and IP are transferring to Beach.
VCX was developed from the Alba project in Scotland that aimed to produce an infrastructure for the trade in semiconductor design intellectual property (IP) cores.
