Zygo to Acquire Optics Facility

MIDDLEFIELD, Conn., Oct. 29, 2010 — Zygo Corp. announced Wednesday it will buy ASML US Inc.'s optics facility in Richmond, Calif., for as much as $10 million.

Zygo will expand its optical manufacturing capabilities considerably with the addition of high precision optical machining and polishing equipment, aspheric lens manufacturing and diamond tuning assets, the company said. It also expects to hire key management and employees of ASML Optics Richmond, a 60,000-sq-ft facility.

The Richmond operation will provide highly synergistic capabilities that can address immediately new applications in semiconductor, defense and the life sciences markets, Zygo said.

The expected purchase price is between $7 million and $10 million, including current work-in-process inventory. The acquisition, subject to customary closing conditions, is expected to close by mid-November.

Zygo supplies optical metrology instruments, precision optics and electro-optical design and manufacturing services for customers in the semiconductor capital equipment, biomedical, scientific and industrial markets.

For more information, visit: www.zygo.com

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About Zygo Corp., Optical Systems Div.

Published: October 2010

Glossary

aspheric lens: An aspheric lens is a type of lens whose surface profiles deviate from the traditional spherical shape. Unlike spherical lenses, which have a constant curvature across their surfaces, aspheric lenses feature varying curvatures, allowing for improved optical performance and correction of aberrations. Aspheric lenses are designed to reduce spherical aberration and other optical aberrations, leading to enhanced image quality and reduced optical distortion. aspheric lens suppliers → ...
metrology: Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
polishing: The optical process, following grinding, that puts a highly finished, smooth and apparently amorphous surface on a lens or a mirror.

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