Is Cymer part of ASML?

Is Cymer part of ASML?

Is Cymer part of ASML?

Cymer is an independently operated business within the ASML group that develops, manufactures and services deep-ultraviolet (DUV) light sources. The product portfolio includes excimer lasers using argon fluoride (ArF) or krypton fluoride (KrF) gases to generate light in the deep-ultraviolet spectrum.

When did ASML acquire Cymer?

ASML acquired Cymer in 2013 to accelerate the development of extreme ultraviolet (EUV) semiconductor lithography. Based in San Diego, California, Cymer was founded in 1986 by two college friends Robert Akins and Richard Sandstrom to develop laser and lithography light source technology for the semiconductor industry.

Is Cymer public company?

To meet this demand, Cymer issued its initial public offering on the NASDAQ in September 1996 under the symbol CYMI. The company’s IPO helped provide the capital Cymer needed to grow manufacturing capacity and service infrastructure as needed to meet the industry’s rapid expansion.

Who owns ASML?

Nowadays it is a public company with only a minority of the shares owned by Philips, around 25%. When the company became independent in 1988, it was decided that changing the name was not desirable, and the abbreviation ASML became the official company name.

What does Cymer mean?

There are several places in Wales named Cymmer (standard Welsh: Cymer, meaning “confluence”).

What does ASML stand for?

In 1984, when ASML was founded as a joint venture between Philips and ASM International, the name ‘Advanced Semiconductor Materials Lithography’ was chosen and used as ‘ASM Lithography’ to reflect the partners in the joint venture. Over time, this name has become simply ‘ASML’.

How an EUV light source works?

As they fall, the droplets are hit first by a low-intensity laser pulse that flattens them into a pancake shape. Then a more powerful laser pulse vaporizes the flattened droplet to create a plasma that emits EUV light.

Is ASML related to ASM?

Semiconductor equipment companies ASML, ASM Pacific Technology and Besi are former divisions of ASM.