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Posted: Sep 27, 2011
LayTec Acquires Majority of Assets of Optical Reference Systems Ltd
(Nanowerk News) LayTec AG, leading manufacturer of in-situ metrology for MOCVD processes, announces that it has acquired the majority of tangible and intangible assets of Optical Reference Systems Ltd (ORS). ORS Ltd, former competitor of LayTec, entered liquidation in August 2011 after a extended period of difficult trading conditions.
Thomas Zettler, CEO & president of LayTec, stated: "The R&D team of ORS did a great job during the last 3 years in developing complementary metrology technologies. These technologies now will be integrated into LayTec's EpiCurveŽ TT and EpiTT product families. Specificly, combining the full range of in-situ technologies with our brand new software platform EpiNet2.0 will enable all our industry customers to meet the current challenges of yield enhancement and LED performance improvements for solid-state lighting related manufacturing."
Neil Gerrard, former MD of ORS and now president of LayTec UK Ltd, adds: "The R&D team is very happy to have joined forces with the LayTec organization in Berlin. We have been welcomed as partners into this excellent organization supplying both, global industry and academia, with cutting edge integrated metrology products."