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Last SFr.7.94 CHF
Change Today +0.22 / 2.85%
Volume 302.8K
MBTN On Other Exchanges
SIX Swiss Ex
As of 11:43 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

meyer burger technology ag (MBTN) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/30/14 - SFr.11.65
52 Week Low
12/16/14 - SFr.4.44
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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meyer burger technology ag (MBTN) Details

Meyer Burger Technology AG provides integrated systems and solutions for the solar, semiconductor, and optoelectronic industries, as well as other markets related to semiconductor materials. The company offers system solutions for the solar industry; slicing technologies and surface treatment for the semiconductor industry; optimized material flow and processes for the LED industry; systems for displays and touch panels; and coating systems, which are used for the production of silicon nano particles for use in batteries. It also provides industrial inkjet printers that are used in electronic components and structures applications, as well as for use in thin and sensitive substrates; and software systems, which allows the automation of marshalling yards and train wash facilities. In addition, the company offers industrial logistics systems; central computers for production lines for the manufacture of components used in the automotive industry; and cluster tool solutions for smart glass manufacturing. Further, it engages in the service parts management; regrooving and recoating of wire guide rolls for wire saws; overhauling of machine bearings; calibration of the measuring and testing devices; installation and commissioning; and provision of application and support services. The company operates in Switzerland, Germany, rest of Europe, Asia, the United States, and internationally. Meyer Burger Technology AG was founded in 1953 and is headquartered in Thun, Switzerland.

1,752 Employees
Last Reported Date: 03/20/15
Founded in 1953

meyer burger technology ag (MBTN) Top Compensated Officers

Chief Executive Officer, Member of The Execut...
Total Annual Compensation: SFr.516.6K
Compensation as of Fiscal Year 2014.

meyer burger technology ag (MBTN) Key Developments

Meyer Burger Announces Settlement Agreement with GT Advanced Technologies Inc

Meyer Burger Technology Ltd. announced that it has reached a settlement agreement with GT Advanced Technologies Inc. Under the agreement, GTAT recognises the validity of Meyer Burgers claim amounting to USD 34.8 million and ownership of the Meyer Burger equipment including Diamond Wire cutting systems, spare parts and diamond wire related consumables will be transferred to GTAT. GTAT filed for Chapter 11 protection under US bankruptcy code in October 2014. Meyer Burger was a supplier of industrial diamond wire saws and diamond wire materials to GTAT for the precision cutting of sapphire. The settlement agreement is subject to the approval by the responsible United States Bankruptcy Court for the District of New Hampshire. A decision by the US Bankruptcy Court is expected by the end of June 2015.

Meyer Burger Technology AG Proposes Amendments to the Articles of Association

Meyer Burger Technology AG announced that at the 15th ordinary Shareholders' Meeting to be held on April 29, 2015, the company proposes amendments to the Articles of Association.

Meyer Burger Technology Ltd Enters into a Strategic Partnership with CEA and its Institute of Laboratories for Innovation in New Energy Technologies and Nanomaterials for Joint Research on High Performance Solar Technologies

Meyer Burger Technology Ltd. has entered into a strategic partnership with CEA and its Institute of Laboratories for Innovation in New Energy Technologies and Nanomaterials (LITEN) to carry out joint research on the next generation of future oriented high performance solar technologies such as HJT and SWCT. Meyer Burger will supply CEA with systems and pilot equipment including advanced features for next generation HJT and SWCT cells and modules to replace their existing PV fabrication equipment. The systems and technologies will be used for research and development, including marathon research tests, with the goal of verifying new features and capabilities in an industrial environment in order to further develop the next generation of HJT and SWCT cells and module production equipment technologies. The close cooperation with leading European research institutions such as CEA and CSEM (Centre Suisse dElectronique et de Microtechnique) ensures Meyer Burger plays an important role in fundamental PV research on high efficiency technologies which translate into industrially applicable procedures and processes and a sustainable reduction in the cost of solar energy. Collaboration efforts have already started at Meyer Burgers competence centre for cell and surface coating technologies in Hohenstein-Ernstthal. Delivery and installation of the Heterojunction and SmartWire Connection equipment at CEA is scheduled to begin in late 2015.


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