Amtech Systems, Inc. History
Amtech Systems was incorporated in October 1981 under the name Quartz Engineering and Materials, Inc., and had its initial public offering listed on NASDAQ in August 1983. In 1984 Amtech acquired ATMOSCAN® patent from Intel, leading to development of its worldwide marketing channel and leading-edge semiconductor fabricators as customers. In 1992 the Company developed and sold its first IBAL Automation product and in 1994 started its European operations with the founding of Tempress Systems, known for its quality diffusion furnaces.
Amtech acquired PR Hoffman in 1997, an industry leader in double-sided lapping and polishing machines, carriers and waxless mount templates for single-side polishing of semiconductor silicon wafers. In 2004, Amtech acquired Bruce Technologies, a manufacturer of horizontal diffusion furnaces and for the semiconductor industry. With the acquisition of Bruce Technologies, Amtech become the world market leader in horizontal diffusion furnaces.
In 2007 the Company acquired R2D Ingenrie, an automation and wafer transfer company, to support Amtech’s growing solar business. From 2008 through 2009 Amtech expanded its solar product portfolio to include PECVD and PSG Dry-Etch tools, in addition to its solar diffusion furnace. Today Amtech is one of the market leaders in solar diffusion and is rapidly becoming a technology turnkey supplier to the diffusion, PSG, and PECVD markets.
Company Historical Overview:
Foundation of Amtech Systems, Inc:
Number of Employees:
Initial Public Offering: Listed on NASDAQ: ASYS
Acquired ATMOSCAN® patent, leading to development of its worldwide marketing channel and leading-edge semiconductor fabricators as customers:
Developed and sold first IBAL Automation product:
Secondary Public Offering - (proceeds used to):
Start operations in Europe with the founding of Tempress Systems, Inc., which is known for its quality diffusion furnaces:
Acquired PR Hoffman, an industry leader in double-sided lapping and polishing machines, carriers and waxless mount templates for single-side polishing of semiconductor silicon wafers
Private placement offering (pipe transaction):
PAcquired BTI, manufacturer of horizontal diffusion furnaces and VCVD furnaces for the semiconductor industry: