News Article
Mergers & Acquisitions
Design tool company Synopsys completed its acquisition of Numerical
Technologies, a provider of subwavelength lithography enabling technology.
Synopsys acquired 90.71 percent of the outstanding shares of Numerical common stock
for a purchase price of 7.00 dollars per share in cash, without interest, through a
tender offer by its wholly owned subsidiary, Neon Acquisition. As the final
step of the acquisition, Synopsys caused Neon Acquisition to merge with and
into Numerical on March 1, 2003. Numerical shares not purchased in the
tender offer will be converted into the right to receive the same 7.00 dollars per
share in cash, without interest. As a result, Numerical is now a wholly
owned subsidiary of Synopsys.
Design tool company Synopsys completed its acquisition of Numerical
Technologies, a provider of subwavelength lithography enabling technology.
Synopsys acquired 90.71 percent of the outstanding shares of Numerical common stock
for a purchase price of 7.00 dollars per share in cash, without interest, through a
tender offer by its wholly owned subsidiary, Neon Acquisition. As the final
step of the acquisition, Synopsys caused Neon Acquisition to merge with and
into Numerical on March 1, 2003. Numerical shares not purchased in the
tender offer will be converted into the right to receive the same 7.00 dollars per
share in cash, without interest. As a result, Numerical is now a wholly
owned subsidiary of Synopsys.
Technologies, a provider of subwavelength lithography enabling technology.
Synopsys acquired 90.71 percent of the outstanding shares of Numerical common stock
for a purchase price of 7.00 dollars per share in cash, without interest, through a
tender offer by its wholly owned subsidiary, Neon Acquisition. As the final
step of the acquisition, Synopsys caused Neon Acquisition to merge with and
into Numerical on March 1, 2003. Numerical shares not purchased in the
tender offer will be converted into the right to receive the same 7.00 dollars per
share in cash, without interest. As a result, Numerical is now a wholly
owned subsidiary of Synopsys.
Amkor Technology completed the sale of its wafer fabrication services
business to Korean-based Anam Semiconductor (ASI) for 62mn dollars. Amkor also
confirmed that it has obtained releases from key customers of the wafer
fabrication business regarding contractual obligations to perform wafer
fabrication services subsequent to the transfer of the business to ASI.