U.S. Department of Justice clears ASML acquisition of Cymer
ASML Holding NV (ASML) and Cymer, Inc. have announced that the Antitrust Division of the United States Department of Justice has cleared the previously announced merger between Cymer and affiliates of ASML.
Clearance of the merger has previously been granted by the U.S. Committee on Foreign Investment in the United States (CFIUS), as well as the Taiwanese, German and Israeli antitrust authorities. What's more, Cymer stockholders have approved the merger agreement.
Completion of the merger remains subject to additional customary closing conditions and receipt of approvals under competition laws in South Korea and Japan. Cymer and ASML continue to expect the transaction to close in the first half of 2013.
ASML is a large provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips.
Cymer is a developer of lithography light sources, used by chipmakers worldwide to pattern advanced semiconductor chips. Cymer's light sources have been widely adopted by the world's top chipmakers and its installed base comprises approximately 3,900 systems.
