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News Breaks
December 4, 2012
12:38 EDTACLS, LRCXAxcelis sells assets to Lam Research for $10.72M
Axcelis Technologies disclosed that it (ACLS) and Lam Research (LRCX) entered into and consummated an asset purchase agreement pursuant to which Axcelis sold and Lam purchased certain intellectual property rights, a dry strip processing system and other assets relating to the company’s dry strip systems business in exchange for a cash payment of up to $10.72M. The purchased intellectual property rights include, among other things, worldwide patent rights, patent applications, copyrights, industrial designs, know-how and related rights used by the company in its dry strip business. Under the terms, $2M of the purchase price is deferred and payable in installments upon, and subject to, the completion of certain transition milestones over various dates through June 30, 2014.
News For ACLS;LRCX From The Last 14 Days
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March 26, 2015
08:30 EDTLRCXLam Research selloff overdone, says Goldman
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March 22, 2015
16:42 EDTLRCXChip equipment slowdown may not be as bad as first thought, WSJ says
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March 20, 2015
12:06 EDTACLSAxcelis management to meet with Needham
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08:17 EDTLRCXLam Research guidance likely to miss consensus, says Needham
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March 19, 2015
14:08 EDTLRCXLam Research mentioned positively at Evercore ISI
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March 18, 2015
14:15 EDTLRCXEvercore ISI sayd to buy Lam Research on the pullback
Evercore ISI said it is not hearing of any equipment push-outs at Samsung Fab S3 Line 17 DRAM, as speculated today. The firm's checks indicate no change in shipment patterns related to Samsung Line 17 DRAM and Lam Research's shipments are not only up sequentially in the March and June quarters, but now also in the September quarter. The firm would use today's pullback in Lam Research to accumulate shares and reiterates its Buy rating.
11:00 EDTLRCXLam Research weakness a buying opportunity, says Pacific Crest
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