Align-Rite starts acquisition process of Harris' semiconductor Imaging Technology Group

17 Jun 2002

Align-Rite International, Inc. (Los Angeles, CA) has signed a non-binding letter of intent to purchase Harris Corporation's Imaging Technology Group (ITG) semiconductor business unit (Melbourne, Florida). The acquisition of the photomask manufacturer is subject to a definitive agreement and regulatory and other approvals. The ITG division is currently the only commercial photomask manufacturing facility in the United States certified to manufacture classified high-end photomask products for the Department of Defense.