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News & Events
Wafer Inspection Company Negevtech Debuts at Semicon Europa 2003
Industry Veterans introduce a Breakthrough Technology
SUNNYVALE, Calif. - April 1st, 2003 - Semicon Europa today witnessed the first public appearance of Negevtech, Ltd., a new company specializing in inspection equipment for the semiconductor industry. The company officially entered the wafer inspection market with a team of experts who, have developed a revolutionary tool for defect detection at the 90 nanometer (nm) production level and below.
The team at Negevtech is headed by Dr Gadi Neumann and David Alumot, co-managing directors of the new company. Dr. Neumann was previously responsible for the launch of wafer inspection company Orbot Instruments, Ltd., which was subsequently bought by Applied Materials in 1997. Alumot was also responsible for co-founding Orbot Instruments where he invented and developed the revolutionary WF 710 wafer inspection system. Following that, Alumot joined Opal where he led the development of the SEMVision, the first fully automatic defect review system. Opal was also acquired by Applied Materials in 1997.
"Since 2000, we have been actively developing yet another revolutionary tool for entry at the 90 nm level with extension to the 65 nm node and beyond," said Dr. Neumann. "As we are now reaching this point in the industry's production roadmap, Semicon Europa provides us with an ideal opportunity to present ourselves as a company to the public for the very first time. We have developed the tool and will further unveil the technology within the next few months during which time the market will be hearing more about both our company and our technology."
With an established research and development center located in the heart of Israel's "Image Processing Triangle," Negevtech Ltd. has been financed with over $45 million. The last round of funding, closed in July 2002 and raised $25 million dollars. Investors in Negevtech include Star Ventures, Genesis Partners, Orbotech Technology Ventures, Lehman Brothers, Pitango Venture Capital, Clal Industries & Investments and QualiTau. Capital raised to date has gone into product development in addition to the establishment of a world class service infrastructure. At the forefront of that infrastructure, Negevtech Inc's headquarters are located in Santa Clara, California, U.S.A.
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