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.
• Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address…
Rebellions Selects Alphawave Semi's Multiprotocol Chiplet Solutions To Deliver Breakthrough Performance in Generative AI workloads…
Valeo, a leading automotive technology company, and ROHM Semiconductor, a major semiconductor and electronic component…
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) introduces the EiceDRIVER™ Power 2EP1xxR family of…
Next level monitoring precision of particulate matter, temperature, humidity, and total volatile organic compounds (TVOCs)…
Plans to Deliver Advanced Threat Intelligence within its Attack Surface and Third-Party Risk Solutions Bitsight,…