CFIUS Says Yes To Aixtron

Sale of ALD and CVD memory product line to South Korean firm Eugene Technology gets the go-ahead
Sale of ALD and CVD memory product line to South Korean firm Eugene Technology gets the go-ahead

Aixtron SE, a provider of deposition equipment, has announced US Government approval of the sale of its ALD and CVD memory product line to Eugene Technology (South Korea).

This follows an investigation by the US Committee on Foreign Investment (CFIUS) which resulted in a determination that there are no unresolved US national security concerns from CFIUS’ perspective

Management expects the transaction to be closed in 2017.