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Stock Market & Financial Investment News

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.
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September 16, 2014
12:03 EDTACLSVertex Capital Advisors reports 6.5% stake in Axcelis
September 14, 2014
12:51 EDTLRCXLam Research shares could return 20%, Barron's says
Lam Research could rise to $86.00 in a year, driven by market share, and could return more than 20%, including dividends, Barron's contends in a feature article. Reference Link
September 3, 2014
08:03 EDTACLSAxcelis receives follow on order for Pruion XE high energy implanter
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