Sumitomo Precision Products Co., Ltd. (SPP), announced that it has acquired the majority of the assets of Aviza Technology, Inc. The acquisition includes Aviza’s single wafer process equipment subsidiary Aviza Technology Ltd (ATL); Aviza’s thermal products business; and Aviza’s global sales and service assets and personnel, with the exception of IP related to atomic layer deposition (ALD) systems and process.
ATL and the other acquired assets will be merged with Surface Technology Systems plc (STS), SPP’s wholly owned subsidiary, under the corporate umbrella of SPP Process Technology Systems (SPTS). ATL and STS will continue to operate separately during the integration process. A new business unit, Thermal Products Division, will be established in the USA, with focus on supporting Aviza’s existing vertical furnace and APCVD customers. (Read More)