Karl Suss acquires product lines of Fairchild Technology SEG

Karl Suss acquires product lines of Fairchild Technology SEG

Keywords Karl Suss, Fairchild, Acquisition

SUSS MicroTec AG, the holding company of Karl Suss, has purchased key assets of Fairchild Technology's Semiconductor Equipment Group (SEG). Through the purchase of the Falcon and Series 2000/6000 coating systems, SUSS has won new strategic areas of the microelectronics market. Falcon's leading edge technology is employed by leading manufacturers in the production of 256MB DRAM.

SUSS will integrate SEG systems into its existing product line and will deliver them to customers starting in 2000. This acquisition will have no significant influence on turnover during the current year and will have a major positive influence on turnover next year.

The confidence of Fairchild Technologies, Inc. in the development of this line of business under SUSS is underlined by the fact that Fairchild will purchase 300,000 shares in SUSS MicroTec AG as part of the agreement.

The deal is contingent upon the approval of the supervisory boards of both companies.