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Wednesday 12th March 2008
Gartner says worldwide semiconductor assembly and test services revenue increased 7.4 percent in 2007.
Wednesday 12th March 2008
Atomic sized graphene double layer holds nanoelectronics promise.
Tuesday 11th March 2008
Tronics Microsytems’ SOI MEMS technology selected as the first MEMS technology offered.
Tuesday 11th March 2008
Global Industry Analysts, Inc predicts impressive growth for MEMS.
Tuesday 11th March 2008
General assembly of Korea Semiconductor Industry Association (KSIA) held in Seoul to decide on eight strategic technologies.
Monday 10th March 2008
Israel Growth Partners Acquisition Corporation and Negevtech Ltd jointly announced that they have agreed to a business combination, resulting in a new publicly held entity that will be called Negevtech Ltd. Negevtech's systems are used in advanced semiconductor manufacturing facilities to identify critical defects on wafers allowing manufacturers to improve production yields, increase revenues and decrease costs. Founded by prominent experts in electro-optics and image processing, Negevtech's mission is to bring a new approach to IC wafer inspection by delivering high throughput and superior detection inspection systems at a low cost of ownership. Following the transaction, Negevtech will have access to the approximately $55,000,000 currently held in IGPAC's trust account, which will be used for its working capital, to support current opportunities and future sales initiatives, investment in R&D for development of future generation products and to pay expenses of the transaction and up to approximately $11,000,000 to objecting IGPAC Class B common stockholders. In addition, the funds may be used to repay certain Negevtech indebtedness. Carmel Vernia, Chief Executive Officer of IGPAC, said: "We are excited to execute a business combination with Negevtech. The coupling of Negevtech's innovative technology and industry presence, with IGPAC's access to capital will create superior conditions to expand Negevtech's customer base and product offering." Dr. Rivi Sherman, President and Chief Executive Officer of Negevtech, said: "We are happy to join forces with IGPAC; the merger will enable us to drive market penetration of our recently introduced 3300 product line which is gaining strong acceptance with customers worldwide. Furthermore we are eager to accelerate the development of our next generation inspection system, which holds great promise for the company's future. Holders of IGPAC common stock and Class B common stock will receive ordinary shares of Negevtech in exchange for the securities held by them according to an exchange ratio computed by reference to (a) the amount of cash in IGPACs trust fund (approximately $55 million) less certain expenses and cash paid to objecting IGPAC Class B common stockholders, and (b) a $50 million valuation set for Negevtech. Holders of IGPAC warrants will receive warrants with equivalent terms to purchase ordinary shares of Negevtech. After consummation of the merger, IGPACs stockholders will own up to 51.3% of Negevtech. The merger is subject to several conditions, including (a) the approval of IGPAC's Class B common stockholders and will only occur upon such approval if holders of less than 20% of the outstanding Class B common stock shares exercise their conversion rights, (b) the approval of IGPAC's common and Class B common stock, voting together as a single class, and (c) the effectiveness of a registration on Form F-4 pursuant to which Negevtech's ordinary shares shall be eligible for trading on the Over-the-Counter Bulletin Board (or shall have been listed for trading on NASDAQ). Negevtech and certain shareholders of Negevtech have committed that Negevtech or these shareholders will purchase shares of IGPAC Class B common stock with a value of up to $15 million in negotiated transactions with holders of such shares, in order to ensure that the requisite number of shares of IGPAC Class B common stock vote in favor of the merger. If approved by IGPAC's stockholders, the transaction is expected to close by the end of July, 2008. There can be no assurance that the transaction will be approved by IGPAC's stockholders.
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Monday 10th March 2008
Amkor’s request to stay denied in breach of contract hearing
Monday 10th March 2008
The two companies form research collaboration to study chip characteristics at near atomic scale
Monday 10th March 2008
LSI acquires Hard Disk Drive (HDD) business from Infineon
Monday 10th March 2008
The semiconductor growth cycle is entering a period when traditionally acceleration in revenue growth would be expected.
Monday 10th March 2008
Greenshoe option of Qimonda convertible fully exercised.
Friday 7th March 2008
IXYS Corporation acquires 5.0% of ZiLOG Inc.’s common stock
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Friday 7th March 2008
51 booths raided due to alleged piracy at CeBIT in Germany.
Friday 7th March 2008
The transaction will allow Negevtech to access the public markets to accelerate its growth strategy and take advantage of strong industry growth trends.
Wednesday 5th March 2008
Weak Dollar contributed 8.3% to wafer processing equipment market in 2007 says the information network.
Wednesday 5th March 2008
Fear is driving recessionary trend, Frost & Sullivan Research shows the global economy is still solid.
Tuesday 4th March 2008
A new ‘No wait AMHS’ (NWA) facility has been unveiled.
Tuesday 4th March 2008
Order for second fab is part of multi million dollar deal to supply combination of stand alone and integrated metrology solutions.
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Tuesday 4th March 2008
Global Semiconductor Alliance (GSA) and India Semiconductor Association (ISA) form organisational alliance.
Tuesday 4th March 2008
Strengthened magnets from bacteria could be used to target cancer.
Tuesday 4th March 2008
Agilent acquisition and portfolio enhancement announcements in support of disease and nanotechnology research.
Tuesday 4th March 2008
European Semiconductor Industry Association (ESIA) reveals semiconductor sales data.
Monday 3rd March 2008
Chief Executive Officer (CEO) Eric Meurice accepts extension of contract at ASML.
Monday 3rd March 2008
The agreement has been signed for test, evaluation and training support services.

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