News Article
Expertech gets licence from Aviza
Aviza
Technology announces licensing of VTR Vertical Furnace product line
to Expertech. The license agreement is part of the company’s market
diversification strategy to expand into growing markets.
Aviza Technology, a supplier of
semiconductor capital equipment and process technologies for the
global semiconductor industry and related markets, announced that it
has licensed its VTR Vertical Furnace product line to Expertech, a
manufacturer of diffusion and LPCVD furnaces for large scale
production as well as the development of Semiconductor,
Optoelectronic, MEMS, Photonic, and Photovoltaic devices. Located in
California, the Company also provides engineering and ongoing service
and support for their products.
The license agreement, which was signed on July 10, 2008, gives Expertech full rights to manufacture, service and support the VTR vertical furnace products that were originally marketed under the 'Thermco' name and later produced by Silicon Valley Group, ASML and Aviza. Terms of the deal were not disclosed.
"Aviza's management team made the business decision to license the VTR products to align with the company's strategy to diversify into growing and expanding markets," said Patrick O'Connor, Aviza Technology's executive vice president and chief financial officer. “This license ensures a smooth transition for customers worldwide as they will have continued access to quality service and product support for this line of products. Expertech is well qualified to continue manufacturing VTR products and servicing the global installed base.”
The license agreement, which was signed on July 10, 2008, gives Expertech full rights to manufacture, service and support the VTR vertical furnace products that were originally marketed under the 'Thermco' name and later produced by Silicon Valley Group, ASML and Aviza. Terms of the deal were not disclosed.
"Aviza's management team made the business decision to license the VTR products to align with the company's strategy to diversify into growing and expanding markets," said Patrick O'Connor, Aviza Technology's executive vice president and chief financial officer. “This license ensures a smooth transition for customers worldwide as they will have continued access to quality service and product support for this line of products. Expertech is well qualified to continue manufacturing VTR products and servicing the global installed base.”