Ultratech's new competition not a concern, says Canaccord Canaccord is not concerned with Rudolph Technologies' (RTEC) acquisition of Azores, a display panel lithography company. The firm is confident Ultratech's (UTEK) market position and early-mover advantage and said there is room for a few successful suppliers. Shares are Buy rated.
Ultratech awarded follow-on order from manufacturer in Asia Ultratech announced that a major memory manufacturer from Asia placed a follow-on order for Ultratech's Superfast high-volume inspection system. Following the success of the Superfast 3G+ system in R&D, this customer ordered Ultratech's 4G inspection system to facilitate the yield ramp of its latest memory technology. Ultratech has shipped the Superfast 4G system in the Q1.