ASML welcomes HMI shareholder vote that approves acquisition of HMI
August 03 2016 - 1:00AM
VELDHOVEN, the Netherlands, 3 August 2016 - ASML
Holding NV (ASML) welcomes the vote at an extraordinary general
meeting of shareholders of Hermes Microvision, Inc. (HMI) [3658TT]
earlier today, when HMI shareholders approved the transaction under
which ASML will acquire all outstanding shares of HMI, as announced
on 16 June 2016. This approval constitutes an important milestone
in the process towards completion of the transaction.
The transaction, which will allow ASML to enhance
its Holistic Lithography product portfolio, is expected to close in
the fourth quarter of 2016. The transaction remains subject to
certain other customary closing conditions, including review by
Taiwanese, U.S. and international regulators.
About ASML
ASML is one of the world's leading manufacturers of chip-making
equipment. Our vision is to enable affordable microelectronics that
improve the quality of life. To achieve this, our mission is to
invent, develop, manufacture and service advanced technology for
high-tech lithography, metrology and software solutions for the
semiconductor industry. ASML's guiding principle is continuing
Moore's Law towards ever smaller, cheaper, more powerful and
energy-efficient semiconductors. This results in increasingly
powerful and capable electronics that enable the world to progress
within a multitude of fields, including healthcare, technology,
communications, energy, mobility, and entertainment. We are a
multinational company with over 70 locations in 16 countries,
headquartered in Veldhoven, the Netherlands. We employ more than
15,000 people on payroll and flexible contracts (expressed in full
time equivalents). ASML is traded on Euronext Amsterdam and NASDAQ
under the symbol ASML. More information about ASML, our products
and technology, and career opportunities is available on
www.asml.com.
Forward Looking
Statements
"Safe Harbor" Statement under the US Private Securities Litigation
Reform Act of 1995: this press release contains statements that
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements relating to the
expected closing date of the HMI acquisition and the expected
benefits of the HMI acquisition on ASML's holistic lithography
product portfolio. These forward-looking statements involve risks
and uncertainties that may cause results to differ materially from
those set forth in the forward-looking statements. These
forward-looking statements are not historical facts, but rather are
based on current expectations, estimates, assumptions about future
events, taking into account the information currently available to
us, and readers should not place undue reliance on them. Actual
results or developments may differ materially from those in the
forward-looking statements. These forward looking statements are
subject to risks and uncertainties, including, among other things,
the inability to obtain regulatory approval for the acquisition,
the satisfaction of other conditions to the closing of the
acquisition, the possibility that the length of time necessary to
consummate the acquisition may be longer than anticipated, and the
possibility that ASML may not realize all of the benefits of the
acquisition. The foregoing risk list of factors is not exhaustive.
You should consider carefully the foregoing factors and the other
risks and uncertainties that affect the business of ASML described
in the risk factors included in ASML's Annual Report on Form 20-F
and other documents filed by ASML from time to time with the SEC.
ASML disclaims any obligation to update the forward-looking
statements contained herein.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ASML Holding via Globenewswire
HUG#2032774
ASML Holding NV (NASDAQ:ASML)
Historical Stock Chart
From Sep 2024 to Oct 2024
ASML Holding NV (NASDAQ:ASML)
Historical Stock Chart
From Oct 2023 to Oct 2024