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Tegal acquires Alcatel Lucent 3D packing IP

Posted: 19 Sep 2008 ?? ?Print Version ?Bookmark and Share

Keywords:IP acquisition? 3D packing? plasma?

Tegal Corp. has completed its previously announced acquisition from Alcatel Micro Machining Systems and Alcatel-Lucent of their Deep Reactive Ion Etch and Plasma Enhanced Chemical Vapor Deposition products, and the related intellectual property.

Under the terms of the asset purchase agreement, dated Sept. 2, Tegal paid $1,000,000 in cash and issued 1,044,386 shares of Tegal common stock.

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