AIXTRON SE (FSE: AIXA, AIXC; NASDAQ: AIXG), one of the world’s leading providers of deposition equipment to the semiconductor industry, announced today that the President of the United States issued an order (the “Order”) on December 2, 2016 prohibiting the acquisition of the U.S. business of AIXTRON SE (AIXTRON) by Grand Chip Investment GmbH (GCI) or its parent companies and their partners, directly or indirectly. The Order defines the U.S. business of AIXTRON to include AIXTRON, Inc. and any asset of AIXTRON used in, owed for the use in or benefit of, the activities in interstate commerce in the United States of AIXTRON, Inc. (including U.S. patents and patent applications).
The presidential order was limited to the U.S. business and did not prohibit the acquisition of AIXTRON shares and ADSs by GCI.
The full text of the Order is accessible under: https://www.whitehouse.gov/briefing-room/presidential-actions.
The Bidder and AIXTRON are evaluating the impact of the Order on the conditions to be fulfilled under the takeover offer and will coordinate with the German Federal Financial Supervisory Authority (BaFin) to examine the consequences of the Order on the takeover process.
PeakSpan Capital leads, joined by Vertex Ventures and Horizon Capital, as commercial and operations leaders…
New Sinamics G series creates a seamless platform for continuous-motion applications Security by Design helps…
See Samtec’s solutions in Hall B2, Booth 107 Samtec, Inc., the service leader in the…
Acquisition adds NeuReality's AI inference technology and world-class systems and silicon engineering team, compressing the…
The edgeRX Starter predictive maintenance (PdM) solution is now available at DigiKey.com DigiKey, the global…
The global distributor will also demo top products from Arduino, DFRobot, SparkFun and more DigiKey,…