U.S. Department of Justice clears ASML acquisition of Cymer
VELDHOVEN, the Netherlands and SAN DIEGO, April 5, 2013
VELDHOVEN, the Netherlands andSAN DIEGO, April 5, 2013 /PRNewswire/ --ASML
Holding NV (ASML) and Cymer, Inc. (Nasdaq: CYMI) today announce that the
Antitrust Division of the United States Department of Justice has cleared the
previously announced merger between Cymer and affiliates of ASML.
Clearance of the merger has previously been granted by the U.S. Committee on
Foreign Investment in the United States (CFIUS), as well as the Taiwanese,
German and Israeli antitrust authorities. Furthermore, Cymer stockholders have
approved the merger agreement.
Completion of the merger remains subject to additional customary closing
conditions and receipt of approvals under competition laws in South Korea and
Japan. Cymer and ASML continue to expect the transaction to close in the first
half of 2013.
ASML is one of the world's leading providers of lithography systems for the
semiconductor industry, manufacturing complex machines that are critical to
the production of integrated circuits or chips. Headquartered in Veldhoven,
the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ under the
symbol ASML. ASML has 8,500 employees on payroll (expressed in full time
equivalents), serving chip manufacturers in more than 55 locations in 16
countries. More information about our company, our products and technology,
and career opportunities is available on our website: www.asml.com
Cymer is an industry leader in developing lithography light sources, used by
chipmakers worldwide to pattern advanced semiconductor chips. Cymer's light
sources have been widely adopted by the world's top chipmakers and its
installed base comprises approximately 3,900 systems. Continuing its legacy of
leadership, Cymer is currently pioneering the industry's transition to EUV
lithography, the next viable step on the technology roadmap for the creation
of smaller, faster chips. The company is headquartered in San Diego, CA, has
more than 1,200 employees on payroll (expressed in full time equivalents) and
supports its customers from numerous offices around the globe. Cymer maintains
a Web site to which it regularly posts press releases, SEC filings, and
additional information about Cymer. Interested persons can also subscribe to
automated e-mail alerts or RSS feeds. Please visit www.cymer.com.
Forward Looking Statements
"Safe Harbor" Statement under the US Private Securities Litigation Reform Act
of 1995: this press release contains statements that constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements, as they relate to ASML or
Cymer or the merger, involve risks and uncertainties that may cause results to
differ materially from those set forth in the statements. We use words such as
"anticipates," "believes," "plans," "expects," "projects," "future,"
"intends," "may," "will," "should," "could," "estimates," "predicts,"
"potential," "continue," "guidance" and similar expressions to identify these
forward-looking statements. These statements are not historical facts, but
rather are based on current expectations, estimates, assumptions and
projections about future events, and readers should not place undue reliance
on them. Actual results or developments may differ materially from those in
the forward-looking statements. These forward looking statements are subject
to risks and uncertainties, including the inability to obtain regulatory
approval for the merger, the satisfaction of other conditions to the closing
of the merger and the possibility that the length of time necessary to
consummate the merger may be longer than anticipated.
The foregoing risk list of factors is not exhaustive. You should consider
carefully the foregoing factors and the other risks and uncertainties that
affect the businesses of ASML and Cymer described in the risk factors included
in ASML's Annual Report on Form 20-F and Cymer's Annual Report on Form 10-K,
and other documents filed by ASML and Cymer from time to time with the SEC.
The parties disclaim any obligation to update the forward-looking statements
SOURCE Cymer, Inc.
Contact: ASML, Lucas van Grinsven - Communications - +31 40 268 3949 -
Veldhoven, the Netherlands, Craig DeYoung - Investor Relations - +1 480 383
4005 - Tempe, Arizona, USA, Franki D'Hoore - Investor Relations - +31 40 268
6494 - Veldhoven, the Netherlands; or Cymer, Investor Relations, Natalie
Badillo - +1 858 385 6097, Media, Taryn Unruh - +1 619 234 0345
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