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About KLA Tencor

KLA-Tencor Corporation is a global, capital equipment company based in Milpitas, California. It supplies process control and yield management products for the semiconductor, data storage, LED, and related nanoelectronics industries. The company's products, software and services are intended for all phases of integrated circuit production, from wafer fabrication to advanced packaging processes. K-T Services is the company’s global service network that maintains the productivity and performance of all of its tools. It formally established its foundation in 2000, KLA-Tencor Foundation, which supports various global giving efforts. On 21st Oct 2015, LAM Research reached a settlement with KLA-Tencor to acquire KLA-Tencor for $67.02 a share. The deal is expected to complete by Summer of 2016.