Tuesday, December 19, 2006

ASML Acquires Brion Technologies

Netherlands-based ASML Holding NV said today that it is in a $270M deal to purchase Santa Clara-based Brion Technologies, a developer of advanced lithography tools for semiconductor design and wafer manufacturing. The acquisition is expected to close in the first quarter of 2007. Brion is backed by USVP, Jafco Ventures, Morgenthaler Ventures, JPMorgan, WK Technology Fund, Mohr Davidow, and Stanford University.