| Orbotech Finalizes Photon Purchase | | Print | |
| Friday, 03 October 2008 10:09 | |||
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YAVNE, ISRAEL– Orbotech Ltd. announced that it has finalized its acquisition of Photon Dynamics Inc. for nearly $290 million. As part of the agreement, Orbotech will pay $15.60 per share for all issued and outstanding shares of Photon’s common stock. A combination of external-source financing and internally generated funds financed the acquisition, and Orbotech is expecting additional flat panel display (FPD) revenues of $45 to $50 million for the remainder of the year. Operational synergies are predicted at $15 to $20 million for 2009. Existing Photon business will comprise part of the company’s FPD Division, and Orbotech plans to expand the range of AOL, test and repair solutions for FPD manufacturers.
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ANSYS Releases Ansoft Designer 6.0
Ansoft Designer 6.0 Solver on Demand technology analyzes signal-integrity, power-integrity and electromagnetic interference problems from a single schematic- and layout-based environment. Can access field and circuit simulation tools while designing electronic packages and PCBs early in the design cycle. Integrates HFSS 3-D electromagnetic field simulation software and HSPICE IC simulation. Can predict how high-frequency electromagnetic components affect ICs. Provides user interface to HSPICE with direct links to HFSS and access to the ANSYS QuickEye and VerifEye convolution and statistical...
Ansoft Designer 6.0 Solver on Demand technology analyzes signal-integrity, power-integrity and electromagnetic interference problems from a single schematic- and layout-based environment. Can access field and circuit simulation tools while designing electronic packages and PCBs early in the design cycle. Integrates HFSS 3-D electromagnetic field simulation software and HSPICE IC simulation. Can predict how high-frequency electromagnetic components affect ICs. Provides user interface to HSPICE with direct links to HFSS and access to the ANSYS QuickEye and VerifEye convolution and statistical...
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