Lam Research Corp.
Axcelis Technologies, Inc.
) have entered into a strategic collaboration. The complexity and
cost of key deposition, etching and cleaning processes have led
the two semiconductor equipment makers to enter into a mutually
Concurrently, Axcelis also agreed to divest its dry-strip
business to Lam Research. This includes its Integra product
line's advanced non-oxidizing process technology. Thus, Axcelis
will be able to focus entirely on the ion implant segment.
Lam Research will benefit from Axcelis' dry-strip IP and
knowhow. Lam also picked up Novellus Systems last year,
making it one of the largest providers of semiconductor front-end
technology. Therefore, the stripping technology further rounds
out its portfolio and enables it to provide more complete
solutions to its customers.
To survive the cutthroat competition as well as counter the
challenges faced by various technologies in the semiconductor
industry, companies are entering into partnerships and
collaborations to provide better solutions at a faster pace to
the customers. This also helps to deal with the complexities of
manufacturing and lowers the cost of the technologies.
In the first quarter of fiscal 2013, Lam Research reported
$906.9 million of revenues, which grew 22.3% sequentially, and
33.3% from a year ago. The year-over-year improvement was aided
by higher shipments, which indicated escalating demand for LRCX
Both Lam Research and Axcelis shares carry a Zacks #3 Rank
AXCELIS TECH (ACLS): Free Stock Analysis
LAM RESEARCH (LRCX): Free Stock Analysis
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