Tech Company M&A Transactions
SemEquip Acquisition
SemEquip, operating out of North Billerica, was purchased by Ceradyne. The transaction price was $25 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/9/2008
Transaction Type
M&A
Amount
$25,000,000
M&A Terms
Ceradyne Inc., which makes ceramics used as military armor and in industrial processes, said Wednesday it agreed to buy privately held SemEquip Inc. for about $25 million in cash.Ceradyne also agreed to pay SemEquip up to $100 million over 15 years following the closing of the deal, contingent upon revenue earned by the company in that period.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
34 Sullivan Road
North Billerica, MA 01862
USA
North Billerica, MA 01862
USA
Phone
Website
Email Address
Overview
SemEquip, Inc. is a technology leader in the development of ion implantation systems and advanced ion source materials for the manufacture of logic and memory chips. SemEquip's technologies enable the utilization of cluster beam ion implantation for manufacturing the world's most advanced integrated circuits at the lowest cost and highest throughput.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Cohen
Chief Financial Officer
David Christopher
Chief Operating Officer
Dale Jacobson
Chief Technical Officer
Thomas Horsky
Vice President
Sonja Cook
Vice President
Wade Krull
VP - Engineering
Doug Adams
VP - Operations
Dennis Manning
VP - Operations
Stuart Zerneri
VP - R & D
Kevin Cook
VP - R & D
Richard Goldberg
VP - Sales
Jeff McMullin
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