MIGDAL HAEMEK, Israel,
October 2, 2017 /PRNewswire/ --
Camtek Ltd. (NASDAQ: CAMT and TASE: CAMT), today announced that
further to its announcement on July 19,
2017, it has completed the sale of its PCB business to an
affiliate of Principle Capital, a Shanghai-based private-equity fund. Upon
closing, $32 million in cash was
received. A further amount of up to $3
million is conditioned upon the PCB business' financial
performance in 2018.
ABOUT CAMTEK LTD.
Camtek is a leading manufacturer of metrology and inspection
equipment and a provider of software solutions serving the Advanced
Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments
in the Mid End of the Semiconductors industry. Camtek provides
dedicated solutions and crucial yield-enhancement data, enabling
manufacturers to improve yield and drive down their production
costs. With eight offices around the world, Camtek has best in
class sales and customer support organization, providing
tailor-made solutions in line with customer requirements.
Additional information can be found on the Company's website
at www.camtek.com.
This press release may contain projections or other
forward-looking statements regarding future events or the future
performance of the Company. These statements are only predictions
and may change as time passes. We do not assume any obligation to
update that information. Actual events or results may differ
materially from those projected, including as a result of changing
industry and market trends, reduced demand for our products, the
timely development of our new products and their adoption by the
market, increased competition in the industry, intellectual
property litigation, price reductions as well as due to risks
identified in the documents filed by the Company with the
SEC.
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972-4-604-8308
Mobile: +972-54-900-7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft / Gavriel Frohwein
Tel: (US) +1-646-688-3559
camtek@gkir.com
SOURCE Camtek Ltd