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Novellus Systems, Inc., with headquarters in San Jose, California, manufactures, markets and services advanced deposition, surface preparation and chemical mechanical planarization equipment for today's advanced integrated circuits. Our products are designed for high-volume production of advanced, leading-edge semiconductor devices at the lowest possible cost.
 

DETAILS  
Index S&P 500; S&P 1500 Composite; Nasdaq 100
Sector Technology
Industry Semiconductor
URLs http://www.novellus.com
Ticker (NASDAQ: NVLS)
Founded 1984
   
Linked to Advent International; El Dorado Ventures; Gateway Associates; Sigma Partners; TA Associates
   
   
   
 
 
HISTORY Divestiture
   
   
 
HISTORY Acquisitions
Jun 2, 2004 Peter Wolters AG
Aug 12, 2002 SpeedFam-IPEC, Inc. (Nasdaq:SFAM). Novellus will acquire all outstanding shares of SpeedFam-IPEC in a stock-for-stock merger and will assume all of SpeedFam-IPEC's 6.25 percent Convertible Subordinated Notes due 2004, totaling $115 million. Together with the purchase of stock and the assumption of net debt, the transaction is valued at approximately $220 million.
Jan 10, 2001 Gasonics International Corporation (Nasdaq:GSNX). Stock-for-stock merger, with all outstanding shares of Gasonics capital stock converted into approximately 9,240,000 shares of Novellus common stock. In addition, all outstanding options to purchase shares of Gasonics capital stock were automatically converted into options to purchase approximately 1,400,000 shares of Novellus common stock.
   
   
1997 Acquired Varian Associates' Thin Film Systems Business
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
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