Aquest Eyes Asyst Technologies
Sunnyvale-based Aquest Systems said Thursday that it has offered to buy Asyst Technologies for $6.50 per share in cash, or approximatley $326M, in a joint effort with private equity firm The Gores Group, LLC. According to Aquest, it is looking to buy Asyst Technologies, a maker of chip manufacturing equipment, using funding from Aquest's venture backers and Gores Group. Aquest is currently backed by Menlo Ventures, Walden International, and Global Catalyst Partners. Aquest is a developer of automation technology for the semiconductor industry.
posted on Friday, July 18, 2008
Related companies:
Aquest Systems
Related stories:
> Aquest, Gores Pull Asyst Acquisition Proposal
> Crossing Automation Acquires Asyst Assets With Venture Backing
> Asyst Files For Bankruptcy
> Aquest Gets $20M
> Asyst Sells Off Three Business Lines
silicontap.com Home