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Silicon Valley Group Inc

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BUSINESS
January 6, 1986
Silicon Valley Group Inc. named Papken S. Der Torossian to the additional post of chief executive. He replaces Gerald M. Starek, who remains chairman.
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BUSINESS
May 4, 2001 | Bloomberg News
ASM Lithography Holding won U.S. government approval for its $1.2-billion purchase of rival Silicon Valley Group Inc. after agreeing to try to sell a unit that made parts used in U.S. spy satellites. ASML, based in the Netherlands, will make a "good-faith effort" to sell Tinsley Laboratories, a unit of Silicon Valley Group, the Dutch company said. The purchase of the San Jose-based company was delayed pending a probe into whether it would compromise U.S. intelligence secrets.
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BUSINESS
March 9, 2001 | Reuters
The Bush administration stalled a Dutch company's proposed takeover of San Jose-based Silicon Valley Group Inc. pending a 45-day national security review. Acting at the 11th hour, the Defense Department sought the delay on ASM Lithography Holding's proposed $1.6-billion acquisition of SVG, a leading supplier of equipment used in making computer chips.
BUSINESS
March 9, 2001 | Reuters
The Bush administration stalled a Dutch company's proposed takeover of San Jose-based Silicon Valley Group Inc. pending a 45-day national security review. Acting at the 11th hour, the Defense Department sought the delay on ASM Lithography Holding's proposed $1.6-billion acquisition of SVG, a leading supplier of equipment used in making computer chips.
BUSINESS
October 3, 2000
A scrambling technique scripted by two Belgians has been chosen as the proposed U.S. government standard to protect sensitive data and help spur the digital economy, the Commerce Department said. The selection of the Rijndael data encryption formula capped a three-year competition among code-cracking experts to replace the aging U.S. benchmark. * * ASM Lithography Holding agreed to buy U.S. rival Silicon Valley Group Inc. for $1.
BUSINESS
May 4, 2001 | Bloomberg News
ASM Lithography Holding won U.S. government approval for its $1.2-billion purchase of rival Silicon Valley Group Inc. after agreeing to try to sell a unit that made parts used in U.S. spy satellites. ASML, based in the Netherlands, will make a "good-faith effort" to sell Tinsley Laboratories, a unit of Silicon Valley Group, the Dutch company said. The purchase of the San Jose-based company was delayed pending a probe into whether it would compromise U.S. intelligence secrets.
BUSINESS
May 16, 1990 | From Associated Press
Perkin-Elmer Corp. sold most of its semiconductor business to a California company Tuesday in a move that should ease concerns about a possible loss of leading-edge computer technology to Japan. Silicon Valley Group Inc. of San Jose said it will buy more than 60% of the Wilton, Conn.-based business for more than $20 million. Perkin-Elmer will retain a minority interest and International Business Machines Inc.
NEWS
August 1, 1998 | CHARLES PILLER, TIMES STAFF WRITER
Yahoo and Amazon.com may be riding the stock market into the stratosphere, but key sectors of the once-high-flying Silicon Valley high-tech industry have suddenly crash-landed. The Asian economic crisis, an unprecedented glut of computer memory chips, the rise of the under-$1,000 personal computer and slower PC sales have created havoc in the high-tech mecca. In recent months dozens of companies--from Intel Corp. to Netscape Communications Corp.
BUSINESS
October 3, 2000
A scrambling technique scripted by two Belgians has been chosen as the proposed U.S. government standard to protect sensitive data and help spur the digital economy, the Commerce Department said. The selection of the Rijndael data encryption formula capped a three-year competition among code-cracking experts to replace the aging U.S. benchmark. * * ASM Lithography Holding agreed to buy U.S. rival Silicon Valley Group Inc. for $1.
NEWS
August 1, 1998 | CHARLES PILLER, TIMES STAFF WRITER
Yahoo and Amazon.com may be riding the stock market into the stratosphere, but key sectors of the once-high-flying Silicon Valley high-tech industry have suddenly crash-landed. The Asian economic crisis, an unprecedented glut of computer memory chips, the rise of the under-$1,000 personal computer and slower PC sales have created havoc in the high-tech mecca. In recent months dozens of companies--from Intel Corp. to Netscape Communications Corp.
BUSINESS
May 16, 1990 | From Associated Press
Perkin-Elmer Corp. sold most of its semiconductor business to a California company Tuesday in a move that should ease concerns about a possible loss of leading-edge computer technology to Japan. Silicon Valley Group Inc. of San Jose said it will buy more than 60% of the Wilton, Conn.-based business for more than $20 million. Perkin-Elmer will retain a minority interest and International Business Machines Inc.
BUSINESS
May 1, 1990 | CARLA LAZZARESCHI, TIMES STAFF WRITER
The Silicon Valley Group is not one of those overnight corporate successes that seem to overflow within the San Jose ZIP code. It only looks that way. Last year, after more than a decade of relative obscurity and modest sales, the small maker of semiconductor manufacturing equipment burst into the national spotlight on the news that IBM, among others, had agreed to help it buy a technology company that had been much sought after by the Japanese.
BUSINESS
May 1, 1990 | CARLA LAZZARESCHI, TIMES STAFF WRITER
The Silicon Valley Group is not one of those overnight corporate successes that seem to overflow within the San Jose ZIP code. It only looks that way. Last year, after more than a decade of relative obscurity and modest sales, the small maker of semiconductor manufacturing equipment burst into the national spotlight on the news that IBM, among others, had agreed to help it buy a technology company that had been much sought after by the Japanese.
BUSINESS
January 6, 1986
Silicon Valley Group Inc. named Papken S. Der Torossian to the additional post of chief executive. He replaces Gerald M. Starek, who remains chairman.
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