Intel Corp (INTC)

[SemiconEng]

Intel Underwrites IPO For Photomask Equipment Maker

http://www.e-insite.net/semiconductor/index.asp?layout=article&articleid=CA296489&spacedesc=....
Intel Underwrites Micronic Preferential Stock Issue

By Jeff Chappell -- Electronic News, 5/2/2003

Micronic Laser Systems AB today announced it has entered into a joint development agreement with Intel Corp., through which Intel has purchased a Sigma laser pattern generation tool for photomask production.

Täby, Sweden-based Micronic said Intel has also offered to underwrite a preferential shareholders' rights issue. Through that issue, Micronic expects to raise $40 million by selling up to an additional 19 million shares of stock. Micronic shares are traded on the Swedish stock exchange.


---I think it's even more significant that it was noted that ASML also made an "Interest Free Loan" to the company. Their Laser Based Tchnology seems to be gaining on the Electron Beam Technology that's dominant today.

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