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Novellus Systems  (Stock symbol: NVLS ) Acquired by Lam Research (2011 $ 3,300,000,000 )

4000 North First Street
San Jose, CA 95134
Website Company Summary Management Team

Outside board: (May no longer be on the board) Glen Possley (Novellus Systems Director);  Delbert Whitaker (Novellus Systems Director);  Yoshio Nishi (Novellus Systems Director);  Ann Rhoads (Novellus Systems Director)
Former outside board: Neil Bonke (Electroglas CEO);  Michael C. Child (TA Associates) Youssef El-Mansy (Intel);  Jim Guzy (Arbor Company President);  Gary Kalbach (El Dorado Ventures);  George Kern (Domain Associates);  David Litster (MIT VP Research);  Tom Long (Planar Systems Business Development);  Glen Posey (Glen-Ore Associates);  William Spivey (Lucent Technologies);  Joseph Van Poppelen (National Semiconductor)

Business description: Novellus Systems Inc. is a leading supplier of chemical vapor deposition (CVD), physical vapor deposition (PVD), electrochemical deposition (ECD), ultraviolet thermal processing (UVTP), and surface preparation equipment used in the manufacturing of semiconductors. The company’s legacy PECVD, HDP CVD, W-CVD, PVD, and ECD products are used to deposit extremely thin films of insulating and conductive materials that are used to create the wiring on a chip. Other Novellus products are used to clean the surface of the chip in-between manufacturing steps (surface preparation), or to post-treat deposited films in order to improve mechanical properties (UVTP). As circuit geometries decrease in size, the deposition, surface preparation, and film treatment systems manufactured by Novellus become increasingly critical technologies for manufacturing advanced semiconductor devices.
Partners include: Alpha Metals;  Monsanto

Rounds: 3
Capital raised: 10.1M
Ownership: Acquired by Lam Research (2011 $ 3,300,000,000 )
Stock Symbol: NVLS
Corporate investors: Monsanto

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Record updated: Dec 2011
Sector: Semiconductor Equipment
Year Founded: 1984
Headcount: 2001-3000 as of May 2011
Rounds: 3
Capital Raised: 10.1M
Ownership: Acquired by Lam Research (2011 $ 3,300,000,000 )
Stock Symbol: NVLS