trending Market Intelligence /marketintelligence/en/news-insights/trending/sqjpc-wxj2pdxgafe8cxuq2 content esgSubNav
In This List

KLA-Tencor to buy Orbotech for $3.4B


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Banking Essentials Newsletter: 17th April Edition

KLA-Tencor to buy Orbotech for $3.4B

Semiconductor equipment manufacturer KLA-Tencor Corp. said it will acquire technology company Orbotech Ltd. for a total consideration of about $69.02 per share or $3.4 billion.

Orbotech provides solutions for the manufacture of printed circuit boards, flat panel displays and semiconductor devices.

The offer consists of $38.86 in cash and a quarter share of KLA-Tencor common stock for each Orbotech share.

KLA-Tencor also announced a $2 billion share repurchase program, which is expected to be completed within 12 to 18 months after closing the acquisition.