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Plasma And Materials Technologies Inc

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BUSINESS
July 23, 1996
Plasma and Materials Technologies Inc., a Chatsworth maker of semiconductor manufacturing equipment, has agreed to acquire a larger British rival in a cash-and-stock transaction valued at about $150 million. The deal to buy privately owned Electrotech Group is subject to the approval of PMT's shareholders, the securing of financing and other conditions. The purchase is expected to be completed in October.
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BUSINESS
February 10, 1997 | Times Staff and Wire Reports
A machine maker for the semiconductor industry says it has found a unique way to quadruple the performance of today's microprocessor chips, an advance that could speed up many computer functions. The production improvement, to be announced today by Chatsworth-based Plasma & Materials Technologies Inc., is still in the test stage. But it tackles a growing challenge faced by chip makers as they cram more transistors onto each microprocessor: keeping its signals from getting crossed.
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BUSINESS
April 6, 1993
Plasma and Materials Technologies Inc., a Chatsworth maker of semiconductor equipment, said it signed an agreement to sell its newest product in Japan. The contract, an expansion of a 1991 marketing agreement between PMT and Canon Inc., calls for the Japanese concern to sell PMT's advanced plasma system for etching patterns on the film in integrated circuits. The company estimates that the market for these types of products in Japan is about $500 million a year.
BUSINESS
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.
BUSINESS
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.
BUSINESS
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.
BUSINESS
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.
BUSINESS
February 15, 1994 | MATTHEW HELLER, SPECIAL TO THE TIMES
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."
BUSINESS
February 10, 1997 | Times Staff and Wire Reports
A machine maker for the semiconductor industry says it has found a unique way to quadruple the performance of today's microprocessor chips, an advance that could speed up many computer functions. The production improvement, to be announced today by Chatsworth-based Plasma & Materials Technologies Inc., is still in the test stage. But it tackles a growing challenge faced by chip makers as they cram more transistors onto each microprocessor: keeping its signals from getting crossed.
BUSINESS
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.
BUSINESS
July 23, 1996
Plasma and Materials Technologies Inc., a Chatsworth maker of semiconductor manufacturing equipment, has agreed to acquire a larger British rival in a cash-and-stock transaction valued at about $150 million. The deal to buy privately owned Electrotech Group is subject to the approval of PMT's shareholders, the securing of financing and other conditions. The purchase is expected to be completed in October.
BUSINESS
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.
BUSINESS
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.
BUSINESS
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.
BUSINESS
February 15, 1994 | MATTHEW HELLER, SPECIAL TO THE TIMES
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."
BUSINESS
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.
BUSINESS
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.
BUSINESS
April 6, 1993
Plasma and Materials Technologies Inc., a Chatsworth maker of semiconductor equipment, said it signed an agreement to sell its newest product in Japan. The contract, an expansion of a 1991 marketing agreement between PMT and Canon Inc., calls for the Japanese concern to sell PMT's advanced plasma system for etching patterns on the film in integrated circuits. The company estimates that the market for these types of products in Japan is about $500 million a year.
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