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Verteq Process Systems Inc

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BUSINESS
February 5, 1999 | P.J. Huffstutter
Santa Ana-based Verteq Inc. said it has completed an $18-million private capital placement with Westar Capital, a local private equity firm. Verteq will use the funds to reduce debt, expand research and for working capital, the company said. Launched in 1985, privately held Verteq builds silicon wafer cleaning systems for semiconductor manufacturers. The firm has nearly 300 employees.
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BUSINESS
December 20, 1995
Verteq Inc., a supplier of cleaning equipment for computer chip makers, said that it probably will delay its initial stock offering until after the company reports its third-quarter results in April. The Santa Ana company canceled its public trading debut Friday when semiconductor makers absorbed heavy stock market losses. Verteq had planned to raise about $17.8 million from the sale of 2.2 million shares. "We don't think the market will snap around overnight," said Fred G.
BUSINESS
November 1, 1995
Verteq Inc., a manufacturer of computer chip processing equipment, is planning to sell stock to the public, according to documents filed Tuesday with the Securities and Exchange Commission. The Santa Ana company plans to sell 2.7 million shares of common stock for about $9 each and use an estimated $17.8 million in net proceeds to repay debt, expand facilities and provide funds for other general corporate purposes. Of the shares being offered, 2.
BUSINESS
February 5, 1999 | P.J. Huffstutter
Santa Ana-based Verteq Inc. said it has completed an $18-million private capital placement with Westar Capital, a local private equity firm. Verteq will use the funds to reduce debt, expand research and for working capital, the company said. Launched in 1985, privately held Verteq builds silicon wafer cleaning systems for semiconductor manufacturers. The firm has nearly 300 employees.
BUSINESS
November 19, 1994
A Pennsylvania company infringed on three patents held by Verteq Inc., a privately held Santa Ana company, a U.S. District judge has ruled. Judge Gary Taylor in Santa Ana said Thursday that two of SubMicron Systems Corp.'s products violated the patents held by Verteq. Both companies make equipment used to sterilize "clean rooms" where computer chips are made.
BUSINESS
December 20, 1995
Verteq Inc., a supplier of cleaning equipment for computer chip makers, said that it probably will delay its initial stock offering until after the company reports its third-quarter results in April. The Santa Ana company canceled its public trading debut Friday when semiconductor makers absorbed heavy stock market losses. Verteq had planned to raise about $17.8 million from the sale of 2.2 million shares. "We don't think the market will snap around overnight," said Fred G.
BUSINESS
November 1, 1995
Verteq Inc., a manufacturer of computer chip processing equipment, is planning to sell stock to the public, according to documents filed Tuesday with the Securities and Exchange Commission. The Santa Ana company plans to sell 2.7 million shares of common stock for about $9 each and use an estimated $17.8 million in net proceeds to repay debt, expand facilities and provide funds for other general corporate purposes. Of the shares being offered, 2.
BUSINESS
November 19, 1994
A Pennsylvania company infringed on three patents held by Verteq Inc., a privately held Santa Ana company, a U.S. District judge has ruled. Judge Gary Taylor in Santa Ana said Thursday that two of SubMicron Systems Corp.'s products violated the patents held by Verteq. Both companies make equipment used to sterilize "clean rooms" where computer chips are made.
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