July 11, 1995
Plasma and Materials Technologies Inc., a Chatsworth developer and supplier of equipment used to make semiconductors and flat-panel displays, announced last week that it has shipped a multi-chamber Pinnacle 8000 plasma etch system to Texas Instruments and a similar system to Dallas Semiconductor. TI and Dallas Semiconductor will receive sales and service support from the newly opened PMT office in Dallas.
November 14, 1995
Plasma and Materials Technologies Inc. made a $376,494 profit in its third quarter compared to a $1.3 million loss a year ago. Sales in the quarter that ended Sept. 30 jumped 173% to $6.5 million, compared to $2.4 million last year. The Chatsworth-based concern sells processing equipment for semiconductor manufacturers. For the nine months, the company narrowed its loss to $805,612, down from $2.3 million a year earlier. Sales for the nine months jumped 79% to $14.0 million, up from $7.
July 25, 1995
Plasma & Materials Technologies Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of 2.5 million shares of its common stock. The offering is expected in late August at an estimated range of $9 to $11 per share, the company announced. Salomon Brothers will be the lead manager of the underwriting group and Unterberg Harris will act as co-manager.
December 17, 1996
Plasma Materials & Technology, a Chatsworth maker of products used in semiconductor manufacturing, said its stock price fell sharply on the news that it expects a fourth-quarter loss due to a downturn in the semiconductor industry. Consequently, demand for processing equipment has lagged. The company said sales for the fourth quarter will be the same or lower than in the third quarter. Shares in the company fell $2.50 to $12.
October 26, 1993
Plasma & Materials Technologies Inc., a Chatsworth maker of plasma equipment and plasma-controlled instruments for the semiconductor industry, has been awarded a contract by Sematech, a high-profile, government-aided consortium of computer chip manufacturers. The dollar value of the contract was not disclosed. PMT will help provide Sematech with a new technique for making semiconductors, called the Advanced Polysilicon Etch Project. Based in Austin, Tex.
February 15, 1994 |
It's a long way from heading supercomputer giant Cray Research, but for John Rollwagen, working with a small company often confused with a blood bank is like deja vu . "I absolutely fell in love with it," he said of Plasma & Materials Technologies Inc., based in Chatsworth. "It reminded me so much of Cray in the middle '70s, I could hardly stand it."