Thursday, May 8, 2008

Nanometrics Buys Tevet Process Control Technologies

Milpitas-based Nanometrics, a manufacturer of metrology systems for the semiconductor industry, said today that it has acquired Tevet Process Control Technologies, Ltd. Financial terms of the deal were not disclosed, although Nanometrics said it was an all-cash asset purchase transaction. Tevet provides measurement tools and metrology products for the semiconductor and solar manufacturing industry. The firm said the acquisition will broaden its portfolio of products.