Nexx Systems, Inc.


Company Name:
Nexx Systems, Inc. 
Sector:
Semiconductors & Semiconductor Capital Equipment 
Transaction Type:
Merger/Acquisition/Advisory 
Ticker Symbol:
N/A 
Deal Amount:
$206M
Transaction Date:
5/1/2012 
Transaction Summary:
NEXX Systems, Inc., a leading deposition equipment provider for the automation of advanced packaging of semiconductor devices, completed its previously announced sale to Tokyo Electron Limited (TYO: 8035). The acquisition of NEXX by Tokyo Electron Limited ("TEL") will expand TEL’s position in advanced packaging to include electrochemical deposition (ECD) and physical vapor deposition (PVD) systems that have won awards for their outstanding performance, low cost of ownership, development flexibility and their extendibility to future applications. Integrating these applications with TEL’s broad product line-up and leading global support will enable TEL to grow the company’s business portfolio while continuing to offer the best solutions to customers. Needham & Company acted as a financial advisor to NEXX Systems, Inc. 
Company Description:
NEXX Systems brings exceptional technical expertise in Copper pillar and lead-free production solutions to flip chip and advanced packaging. Since 2001, NEXX has expanded its customer base to forty, with one hundred and forty-two systems in place and millions of wafers processed. The two product lines provide the most efficient, yet affordable, systems of their kind: Stratus and Apollo.  
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