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Rudolph Tech completes merger with August Tech

Posted: 21 Feb 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Rudolph Technologies? August Technologies?

Rudolph Technologies Inc., a developer of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers, has announced that its merger with August Technology Corp. has been completed.

According to reports, the merger was approved by August Technology's shareholders, and the issuance of shares of Rudolph common stock was approved by Rudolph's stockholders, at their respective meetings held last week.

Paul McLaughlin, chairman and CEO of Rudolph Technologies, commented, "We are extremely pleased to be announcing the completion of this merger. We feel confident that the new Rudolph is positioned for strong, long-term profitable growth, exceptional technological innovation and increased market penetration, providing significant and exciting opportunities for our shareholders, employees and customers."

Rudolph Technologies, with a combined workforce of over 550 employees worldwide, will continue to be headquartered in Flanders, New Jersey and will also have operations in Minnesota, Massachusetts and Texas.

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