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TWST: We'd like to begin with a brief historical sketch of Aviza
Technology and a picture of the things you are doing at the present
time.
Mr. Cutini: Aviza was formed in October 2003, and it was a leveraged
buyout from a private equity firm named VantagePoint Venture Partners.
We acquired the assets related to thermal processing equipment for
semiconductors from ASML, a Dutch semiconductor equipment company.
However, the company's history goes back into the very early 1960s when
it was formed by a corporation called Thermco, later acquired by Silicon
Valley Group, then acquired by ASML. So we have deep roots in the
semiconductor equipment industry, even though the name is new. Lastly,
in December 2005, we merged with a company in the United Kingdom by the
name of Trikon Technologies, and that is how we formed the current Aviza
Technology. TWST: Would you explain your principal business?
Mr. Cutini: Our principal business is semiconductor production
equipment. We are a leading supplier of advanced semiconductor equipment
and process technologies for the global semiconductor, compound
semiconductor, nanotechnology and other related markets. In order to
drive and accelerate integrated circuit (IC) innovation, chipmakers are
looking for advanced technology and process solutions that can meet
their aggressive production schedules, on time and on budget. Aviza
offers both front-end-of-line (FEOL) and back-end-of-line (BEOL) process
applications including products for atomic layer deposition (ALD),
diffusion and low pressure chemical vapor deposition (LPCVD) furnaces,
atmospheric pressure CVD (APCVD), CVD, etch and physical vapor
deposition (PVD). Our portfolio of high productivity and low cost-of-
ownership systems helps chipmakers to meet today's challenging
manufacturing requirements. We make a variety of different machines,
with an average selling price between $1 and $4 million per tool, and
principally, those systems deposit films in the production of a
semiconductor device.
Tickers included in this excerpt: AVZA
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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