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AIXTRON SE

M&A Activity Oct 8, 2007

20_rns_2007-10-08_d5457f71-4e6f-4e30-b07c-5d1377a8db38.html

M&A Activity

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News Details

Corporate | 8 October 2007 08:30

AIXTRON AG: AIXTRON acquires Nanoinstruments Ltd.

AIXTRON AG / Acquisition/Acquisition

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


AIXTRON acquires Nanoinstruments Ltd.
Product Portfolio now expanded to Carbon Nanotubes and other Nanomaterials

Aachen, Germany; October 8, 2007 – AIXTRON AG and Nanoinstruments Ltd., GB,
have agreed on the acquisition of Nanoinstruments Ltd. business by AIXTRON.
Under the terms of the agreement, the price of the transaction will not be
disclosed. Founded in 2005 as a spin-off from the University of Cambridge,
Nanoinstruments is a manufacturer of chemical vapor deposition (CVD) and
plasma enhanced CVD research systems for Carbon nanotubes (CNT) and other
nanomaterials. CNT is a promising material solution for many future optical
and electronic devices and applications. CNT is currently being
investigated by many research groups as a promising material to be used in
flat panel displays, heat sinks, integrated circuits, sensors or as
electron guns. The addition of Nanoinstruments’ products to AIXTRON’s
portfolio of deposition equipment creates new potential opportunities in
the mid- and long term within the Nanotechnology application space for the
company.

AIXTRON Nanoinstruments will focus both on R&D and industrial scale CNT
equipment, combining the unique expertise of Nanoinstruments with AIXTRON’s
technical resources, manufacturing capabilities and its international
customer service and support network. Key members of the present
Nanoinstruments management team will join the new AIXTRON Nanoinstruments
technology unit, including Nanoinstruments’ founders, Dr. Ken Teo and
Dr.Nalin Rupesinghe.

Paul Hyland, President and CEO of AIXTRON said; 'We have been very
impressed with what the Nanoinstruments team has achieved in the short time
they have been operating. They have already supplied systems to key
research and industrial institutions around the world which are using their
equipment to push CNT technology into novel electronic applications. This
emerging technology is highly complimentary to our core skill set and so we
are eagerly looking forward to Ken and Nalin joining the AIXTRON team at an
exciting time for their customers. Coupled with our existing extensive
experience and technical strength, we believe that we can, through the
Nanoinstruments team, expand the business in the very interesting
nanotechnology arena.'

Dr. Ken Teo adds: 'We are convinced that AIXTRON is the right partner to
take our technology to the next level. Our existing and future customers
will strongly benefit from the acquisition not only in terms of increased
R&D capabilities, but also from AIXTRON’s production capabilities and its
worldwide sales, service and support network. We will be able to operate
more closely with our customers through AIXTRON’s subsidiaries in Europe,
USA, Japan, China, Korea and Taiwan.'

About AIXTRON
AIXTRON AG is a leading provider of deposition equipment to the
semiconductor industry. The Company's technology solutions are used by a
diverse range of customers worldwide to build advanced components for
electronic and opto-electronic applications based on compound, silicon, or
organic semiconductor materials. Such components are used in fiber optic
communication systems, wireless and mobile telephony applications, optical
and electronic storage devices, computing, signaling and lighting, as well
as a range of other leading-edge technologies.

About Nanoinstruments
Nanoinstruments Ltd was founded in 2005 to supply enabling nanotube,
nanowire and nanofiber equipment to the Nanotechnology market. The company
is based in the UK with its headquarters in Cambridge and its manufacturing
facility in Meldreth, near Cambridge. Nanoinstruments’ equipment, with an
installed base spanning America, Europe and Asia, are used in research and
industry for various emerging applications in electronics.

For further information on AIXTRON AG (FSE: AIX, ISIN DE0005066203; NASDAQ:
AIXG, ISIN US0096061041) please consult our website at: www.aixtron.com.

Forward-Looking Statements
This news release may contain forward-looking statements about the
business, financial condition, results of operations and earnings outlook
of AIXTRON within the meaning of the 'safe harbor' provisions of the United
States Private Securities Litigation Reform Act of 1995. Words such as
'may', 'will', 'expect', 'anticipate', 'contemplate', 'intend', 'plan',
'believe', 'continue' and 'estimate', and variations of these words and
similar expressions, identify these forward-looking statements. The
forward-looking statements reflect our current views and assumptions and
are subject to risks and uncertainties. You should not place undue reliance
on the forward-looking statements. The following factors, and others which
are discussed in AIXTRON’s public filings and submissions with the U.S.
Securities and Exchange Commission, are among those that may cause actual
and future results and trends to differ materially from our forward-looking
statements: actual customer orders received by AIXTRON; the extent to which
chemical vapor deposition, or CVD, technology is demanded by the market
place; the timing of final acceptance of products by customers; the
financial climate and accessibility of financing; general conditions in the
thin film equipment market and in the macro-economy; cancellations,
rescheduling or delays in product shipments; manufacturing capacity
constraints; lengthy sales and qualification cycles; difficulties in the
production process; changes in semiconductor industry growth; increased
competition; exchange rate fluctuations; availability of government
funding; variability and availability of interest rates; delays in
developing and commercializing new products; general economic conditions
being less favorable than expected; and other factors. The forward-looking
statements contained in this news release are made as of the date hereof
and AIXTRON does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless required by law.

Contact:
Investor Relations and Corporate Communications
AIXTRON AG, Kackertstr. 15–17, 52072 Aachen, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, [email protected]
www.aixtron.com

08.10.2007 Financial News transmitted by DGAP

Language: English
Issuer: AIXTRON AG
Kackertstr. 15-17
52072 Aachen
Deutschland
Phone: +49 (0)241 8909-0
Fax: +49 (0)241 8909-40
E-mail: [email protected]
Internet: www.aixtron.com
ISIN: DE0005066203
WKN: 506620
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hamburg, Düsseldorf, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) Nasdaq

End of News DGAP News-Service


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