NEXX Systems
Semiconductor ManufacturingUnited States51-200 Employees
For immediate release – March 15, 2012 NEXX Systems Joins Tokyo Electron (TEL) as a Wholly Owned Subsidiary Billerica, MA – Tokyo Electron Limited (“TEL”) (Headquarters: Minato ward, Tokyo, Japan; President and CEO: Hiroshi Takenaka) is pleased to announce the completion of a definitive acquisition agreement with NEXX Systems Inc. (“NEXX”) (Headquarters: Billerica, Massachusetts, USA; President and CEO: Tom Walsh). Over the years, NEXX collaborated with TEL to study process technology in advanced packaging equipment for the development of 3D Thru Silicon Vias (TSV), giving both companies an opportunity to work together and setting the stage for TEL’s acquisition of NEXX.