Wednesday, October 25, 2017

Aixtron's sale of ALD/CVD Product Line to Eugene Technology in South Korea gets US approval

Aixtron SE (AIXG), announced Tuesday that the Committee on Foreign Investment in the United States or CFIUS has approved the sale of ALD and CVD memory product line. 
 
 
Eugene Technology CEO Eom Pyeong-yong (left) and Aixtron CEO Kim Schindelhauer pose for a photo holding their contract. (Picture credit: Pulse by Maeil Business Newspaper & mk.co.kr LINK)
 
The company noted that the investigation by the CFIUS of the sale of AIXTRON's ALD and CVD memory product line to Eugene Technology in South Korea resulted in a determination that there are no unresolved U.S. national security concerns from CFIUS' perspective.
 
Full report: LINK