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Equipment and Materials ♦ news digest most critical structures.”


“Singapore offers a deep talent base, and will serve as a gateway to all of our customers in Asia,” said Timothy J. Stultz, president and chief executive officer. “This significant commitment to our customers in the region will help us serve them as a more local company, with improved access and communication. We look forward to expanding relationships with our customers, as we grow our team in Singapore.”


Riber revenue set to double to €40 million over 5 years


MBE Systems business growth will be driven by the expansion of the commercial offer, made possible by the development of new dedicated systems for research institutes and the semiconductor industry, which is seeing an average annual growth rate of 8%.


At its combined general meeting, Riber, a global provider of MBE equipment, set out its objectives for the current year and presented its development plan for 2011-2015.


Thanks to Riber’s portfolio of orders, it is able to forecast strong growth in its business over 2011. At April 30th, it represented €19.7 million (€9.2 million at the end of April 2010), including certain sales to be delivered after 2011.


In view of the current order book and the performance recorded over the first quarter, revenues are expected to climb to between €27 and €29 million for 2011, enabling Riber to achieve a further improvement in its profitability.


In the MBE Systems business, growth will be driven by the expansion of the commercial offer, made possible by the development of new dedicated systems for research institutes and the semiconductor industry, which is seeing an average annual growth rate of 8%.


The Services and Accessories business will continue to capitalise on the installed base of 800 systems, combined with growth in epitaxy equipment sales and the development of activities in emerging countries. Sales are expected to grow


40% by 2015.


The diversification into the thin-layer CIGS solar cell technology and OLED markets which look set for strong growth is also expected to support Riber’s sales and consolidate its position as a high value- added equipment manufacturer.


Looking ahead to 2015, Riber is targeting €40 million in revenues (compared with €20.7 million in 2010).


Stephen Newberry joins Nanometrics Board of Directors


Newberry is the CEO of Lam Research and serves as a director and vice chairman of Lam’s Board of Directors. He is also a director of SEMI, the semiconductor industry’s trade association.


Nanometrics Incorporated, a supplier of advanced metrology systems to the semiconductor industry, has announced that Stephen G. Newberry, a veteran of the semiconductor capital equipment industry, has joined its Board of Directors.


“Steve has a track record of creating shareholder value and brings to Nanometrics his extensive experience driving operational excellence,” said Bruce C. Rhine, Chairman of the Board of Directors at Nanometrics. “He will be an important sounding board for our management team and contributor to our Board as we focus on growing the value of Nanometrics in the framework of excellent corporate governance.”


Newberry is the chief executive officer of Lam Research Corporation and currently serves as a director and vice chairman of Lam’s Board of Directors. He joined Lam in August 1997 as executive vice president and chief operating officer and was promoted to the role of chief executive officer in June 2005.


Newberry also serves as a director of Semiconductor Equipment and Materials International (SEMI), the semiconductor industry’s trade association. In addition, he serves as a member of the Haas Advisory Board, Haas School


October 2011 www.compoundsemiconductor.net 189


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