MILPITAS, Calif., Jan. 10, 2019 /PRNewswire/ -- KLA-Tencor
Corporation (NASDAQ: KLAC), the leading provider of advanced
process control solutions, today announced that it will be
changing its name to KLA Corporation. At the same time, the company
is rebranding and adopting the tagline Keep Looking Ahead™, to
indicate KLA's optimistic view of technology's impact on the
world.
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"Our old name and identity have served us well since KLA and
Tencor merged in 1997," said Rick
Wallace, president and CEO of KLA. "Our new, simplified name
and more contemporary identity will better reflect and more
effectively communicate our vision of the future to new employees
and new customers—while retaining the strength of our
industry-leading brand. Our new brand is designed to signify our
confidence in technology's ability to drive positive change in the
world, lifting global society through many avenues including IoT,
AI, and other technologies that connect us. KLA's products and
solutions play a key role in enabling these devices and
experiences."
About KLA:
KLA Corporation develops
industry-leading equipment and services that enable innovation
throughout the electronics industry. We provide advanced process
control solutions for manufacturing wafers and reticles, integrated
circuits and packaging. In close collaboration with leading
customers across the globe, our expert teams of physicists,
engineers, data scientists and problem-solvers design solutions
that move the world forward. Additional information may be found
at www.kla.com (KLAC-F).
Forward Looking Statements:
Statements in this press
release other than historical facts, such as statements regarding
the change in KLA's name, are forward-looking statements, and are
subject to the Safe Harbor provisions created by the Private
Securities Litigation Reform Act of 1995. The actual timing of the
name change is not expected to be immediate and may not occur prior
to the start of the company's new fiscal year in July 2019, as KLA updates its systems and
processes to reflect the new name. These forward-looking statements
are based on current information and expectations, and involve a
number of risks and uncertainties. Actual results may differ
materially from those projected in such statements.
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SOURCE KLA Corporation