NYSE:ONTOSemiconductor
Onto Innovation Rigaku Deal Targets Hybrid Metrology Growth In Process Control
Onto Innovation (NYSE:ONTO) announced a collaboration with Rigaku Holdings Corporation focused on next generation semiconductor process control solutions.
As part of the agreement, Onto is investing $710 million for a 27% equity stake in Rigaku and gains the right to nominate a director.
The partnership combines Onto's AI enabled metrology software with Rigaku's X ray technologies to target hybrid metrology for advanced logic and memory manufacturing.
For investors tracking NYSE:ONTO, this...