KLA-Tencor Corporation and Orbotech Ltd. continue to pursue merger clearance in the People’s Republic of China

Dec. 27, 2018

MILPITAS, Calif., and YAVNE, Israel—KLA-Tencor Corporation and Orbotech Ltd. have announced that KLA-Tencor continues to have advanced discussions with the State Administration for Market Regulation of the People’s Republic of China (SAMR) regarding clearance of the proposed merger involving KLA-Tencor and Orbotech with a goal of obtaining clearance as soon as practicable in 2019.

KLA-Tencor Corporation, a provider of process control and yield management solutions, partners with customers around the world to develop state-of-the-art inspection and metrology technologies. These technologies serve the semiconductor and other related nanoelectronics industries. With a portfolio of industry-standard products and a team of world-class engineers and scientists, the company has created superior solutions for its customers for more than 40 years. Headquartered in Milpitas, CA, KLA-Tencor has dedicated customer operations and service centers around the world. Additional information may be found at www.kla-tencor.com

Orbotech Ltd. is a global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. Orbotech Ltd. provides cutting-edge solutions for use in the manufacture of printed circuit boards, flat panel displays, and semiconductor devices, designed to enable the production of innovative, next-generation electronic products and improve the cost-effectiveness of existing and future electronics production processes. Additional information may be found at www.orbotech.com

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