Rudolph Technologies to transfer to NYSE stock listing
Rudolph Technologies, Inc has announced the pending transfer of the listing of its common stock from the NASDAQ Global Select Market (NASDAQ) to the New York Stock Exchange (NYSE).
"It is gratifying to see Rudolph's shares being listed on the NYSE, as this milestone marks an important step in our ongoing efforts to raise the profile of our company," says Paul F. McLaughlin, Chairman & CEO of Rudolph.
"The NYSE is home to many of the world's most well established companies; and we believe it provides unparalleled exposure to the global investment community and the ideal trading platform for our shareholders."
"As a company that continues to innovate in the semiconductor space, Rudolph Technologies is another welcome addition to the NYSE community," says Duncan Niederauer, Chief Executive Officer, NYSE Euronext. "Rudolph Technologies will now be able to leverage the full benefits of the NYSE platform for their company, their customers and their shareholders and we look forward to supporting the company's growth strategy through this partnership."
The company expects to begin trading on the NYSE on December 16th 2013, using its current ticker symbol "RTEC." Until then, it will continue trading on the NASDAQ using 'RTEC'. To celebrate the transfer, representatives of Rudolph Technologies will ring the NYSE Closing Bell on Wednesday, January 22nd, 2014, which will be available on the company's website at www.rudolphtech.com.
Rudolph Technologies, Inc. develops, manufactures and supports defect inspection, advanced packaging lithography, process control metrology, and data analysis systems and software used in semiconductor device manufacturing. The company's portfolio of equipment and software solutions is used in both the wafer processing and final manufacturing of ICs, and in adjacent markets such as FPD, LED and Solar.