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Stock impact report

Onto Innovation Completes Acquisition of Unique Materials Composition and Electrical Analysis Product Lines from Semilab International

Onto Innovation Inc. (ONTO) 
Last onto innovation inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Acquisition strengthens Onto’s position in advanced materials characterization for advanced logic/memory, specialty and advanced packaging segments WILMINGTON, Mass.--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) today announced the successful closing of its previously announced acquisition of key product lines from the materials analysis business of Semilab International. Valued at approximately $495 million, the transaction adds three advanced product lines—FAaST®, CnCV® and MBIR—to Onto Innovation’s portfolio, significantly enhancing the company’s capabilities in inline wafer contamination monitoring, materials characterization and unique surface charge metrology.“We’re thrilled to welcome the talented team of engineering, support, and applications, and all other functions that have made these products so successful to Onto Innovation. Semilab customers can expect uninterrupted service, further enhanced by Onto Innovation’s global support and manufacturing infrastructure,” Show less Read more
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