news digest ♦ Equipment and Materials
fit. Both companies share a similar strategic direction, with growth focused on technology leadership and customer service. The benefits of greater scale will help accelerate Edwards’ growth strategy and provide more opportunities for Edwards’ employees. Upon completion of the transaction, a new Vacuum Solutions Division will be formed within the Atlas Copco Compressor Technique business area, with headquarters in Crawley, UK.
Jim Gentilcore, Chief Executive Officer of Edwards, says, “This strategically and financially compelling transaction provides the opportunity for our stockholders to receive an attractive premium for their shares. On top of the cash payment at closing, analyst consensus for the full year and our strong start to the third quarter leads us to believe it is realistic for us to achieve the results that would deliver an additional cash payment towards the upper end of the range to our shareholders.”
Gentilcore continues, “This transaction also delivers many benefits for Edwards’ customers and employees. The two companies share very similar strategic goals, strong brands and leading market positions. The Edwards brand and reputation will benefit from the support, expertise and financial strength that Atlas Copco will bring.”
Ronnie Leten, President and CEO of Atlas Copco, says, “We recognise the strength of Edwards’ people and products as well as their excellence in technology and innovation. We are excited that this professional company will join our Group.”
The merger, which has been unanimously approved by the Boards of Directors of both companies, is subject to shareholder approval, antitrust clearance, and customary closing conditions.
Barclays and Lazard acted as financial advisors to Edwards on the transaction. Legal advisors to Edwards are Davis Polk & Wardwell London LLP, Weil Gotshal & Manges LLP and Maples & Calder.
X-ray Agilent detectors offer
smarter sensitivity A new strategy puts previous detectors in the dark
Agilent Technologies has launched a range of X-ray Diffraction CCD detectors with smart sensitivity control.
The Eos S2, Atlas S2 and Titan S2 CCD detectors offer active areas of 92 mm, 135 mm and 165 mm, respectively, and automatically adapt their sensitivity based on the strength of the diffraction from the sample being studied.
Agilent GV1000 X-ray Diffractometer with the Atlas S2 CCD Detector.
“Smart Sensitivity Control is very similar to adjusting the ISO setting in digital photography,” says Leigh Rees, Agilent’s XRD general manager. “SSC is part of our Intelligent Measurement System, which also includes the ability to instantly switch hardware-binning modes.”
He adds, “This allows the detectors to automatically adjust both sensitivity and dynamic range based on how strong or weak the diffraction is. This unique approach means we’re measuring diffraction data invisible to previous detectors, in faster experiment times and with higher overall data quality.”
Single-crystal X-ray diffraction systems are used for routine analytical chemistry and challenging small-molecule and protein-diffraction studies.
Major LED manufacturer finds ALSI’s dicing system cutting edge
The tool will be used in the manufacture of GaN and GaP LEDs
Advanced Laser Separation International (ALSI) N.V. introduced its new laser dicing system, the ICA 1204 for GaN and GaP devices, at one of the world’s largest major LED manufacturers with great success.
ICA 1204 laser dicing system
The ICA1204 system is equipped with a specific UV laser and ALSI’s unique multi-beam laser splitting technology.
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www.compoundsemiconductor.net August/September 2013
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