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    DGAP-Adhoc  820  0 Kommentare AIXTRON SE to sell its ALD/CVD Memory Product line / The transaction is subject to regulatory approvals / The transaction is expected to close in the second half of 2017





    DGAP-Ad-hoc: AIXTRON SE / Key word(s): Disposal/Strategic Company Decision


    AIXTRON SE to sell its ALD/CVD Memory Product line / The transaction is subject to regulatory approvals / The transaction is expected to close in the second half of 2017


    25-May-2017 / 07:47 CET/CEST


    Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.


    The issuer is solely responsible for the content of this announcement.



    AIXTRON SE to sell its ALD/CVD Memory Product line



    The transaction is subject to regulatory approvals and expected to close in the second half of 2017



    Herzogenrath, Germany, May 25, 2017 - AIXTRON SE (FSE: AIXA; OTC: AIXNY), a worldwide leading provider of deposition equipment to the semiconductor industry, today announced it is to sell the ALD and CVD memory product line, at AIXTRON, Inc. based in Sunnyvale, California to Eugene Technology Inc., a wholly owned U.S. subsidiary of Eugene Technology Co., Ltd, South Korea.



    AIXTRON, Inc., the U.S. subsidiary of AIXTRON SE will continue to provide sales and support for its continued businesses, as well as to pursue its thin film encapsulation (TFE) activities.



    The agreed purchase price in a range between USD 45 million and USD 55 million will be paid in cash at closing. The purchase price includes inventory and other prepaid assets. Due to ongoing business, their value will be determined at time of closing.



    The transaction is subject to regulatory approvals, including the Committee of Foreign Investments in the United States (CFIUS) and is expected to close within the second half of 2017.



    Management expects that this transaction will not affect the full year 2017 guidance with order intake and revenues between EUR 180 and 210 million. This guidance includes the core business and the ALD/CVD business up to the date of sale.



    Contact:



    Guido Pickert

    Investor Relations & Corporate Communications

    T: +49 (2407) 9030-444

    F: +49 (2407) 9030-445



    Andrea Su

    Investor Relations US

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    DGAP-Adhoc AIXTRON SE to sell its ALD/CVD Memory Product line / The transaction is subject to regulatory approvals / The transaction is expected to close in the second half of 2017 DGAP-Ad-hoc: AIXTRON SE / Key word(s): Disposal/Strategic Company Decision AIXTRON SE to sell its ALD/CVD Memory Product line / The transaction is subject to regulatory approvals / The transaction is expected to close in the second half of 2017 …