Date: 16/01/2012

Intevac sells its semiconductor mainframe tech to Brooks Automation

Intevac has sold its Continuum semiconductor mainframe technology, including all intellectual property and residual assets, to another semiconductor manufacturing equipment vendor Brooks Automation, Inc.

"This transaction supports our equipment growth and diversification strategy, in that we will concentrate more of our focus on high-productivity processing solutions for small substrates such as hard drive media and solar cells," commented Kevin Fairbairn, Intevac's president and chief executive officer. "Brooks is the industry leader in vacuum mainframe solutions, making them exceptionally well-suited to drive the high-productivity linear mainframe technology in the semiconductor and other markets."