news digest ♦ Equipment and Materials
Rubicon Technology, Inc. a provider of sapphire substrates and products to the LED, semiconductor and optical markets, has announced the sale of $28.2 million of its common stock pursuant to an underwriting agreement with Canaccord Genuity Inc.
The last reported sale price of Rubicon’s common stock as reported by the NASDAQ Global Market on January 7th, 2014 was $11.44 per share.
Rubicon intends to use the net proceeds to fund research and development of new products, for capacity expansion and for general corporate purposes. Closing of the offering is expected to occur on or about January 14th, 2014, subject to customary closing conditions.
In addition, Rubicon has granted the underwriter a 30- day option to purchase additional shares of common stock equal to up to 15 percent of the number of shares of common stock sold in the offering.
Canaccord Genuity Inc. is acting as sole book-running manager for the offering.
The offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission.
KJLC announces new manufacturing facility
Kurt J Lesker expands manufacturing operations into Europe
The Kurt J. Lesker Company has announced their new facility at its European Headquarters for Specialty Manufacturing. This investment will enable the production of Electrical Feedthroughs, Liquid Feedthroughs, and custom components.
KJLC has manufactured vacuum components at their US headquarters for over 25 years, specialising in the fabrication of stainless steel and aluminium products for vacuum related applications.
The new European facility, or Quick Turn Cell as it will be known, will support the continued production of important components for a growing market. This move into Europe will allow KJLC to supply products at competitive prices across
Europe.Founded in 1954, Kurt J Lesker Company has grown into a highly recognised global organisation supporting the high and ultra high vacuum market.
Find it at:
http://www.lesker.com/newweb/menu_ feedthroughs.cfm
146
www.compoundsemiconductor.net January / February 2014
For more information contact:
salesus@lesker.com www.lesker.com
Email:
Saleseu@lesker.com
Lesker releases new vacuum pump guide
Many of the pumps are suited to MOCVD growth of III-V semiconductors
KJLC has recently launched the ‘Vacuum Pump Selection Guide’ on its website.
The Selection Guide is a user friendly tool that selects the proper vacuum pump for meeting one’s requirements from KJLC’s extensive pump offering. This tool Guide gives users the opportunity to search for a pump based on criteria that are most important to their application: Vacuum Range, Pumping Speed, Pump Type, Flange Size, Manufacturer, and more.
The Kurt J. Lesker Company (KJLC), founded in 1954, is a global manufacturer and distributor of vacuum components and systems for the high and ultra high vacuum equipment market.
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