DGAP-News

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-News: 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 25.05.2017 / 07:52 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 of 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 business 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.

Kim Schindelhauer, CEO, AIXTRON SE stated: "As a further step of our strategy to focus on our core technologies we decided to sell our ALD/CVD memory product line to Eugene Technology. We believe that Eugene Technology can enhance the growth potential of these technologies supported by their strong footprint in the silicon semiconductor market and their local presence in Korea."

Pyung Yong Um, CEO, Eugene Technology Co., Ltd. and Eugene Technology Inc. accentuated the importance of acquisition: "A Quantum leap of Eugene Technology is expected with the effect of this acquisition by securing an additional R&D center, overseas sales & marketing base in Silicon Valley as well as accumulated technology by Eugene Technology in the area of Semiconductor Deposition Equipment."