Camtek Ltd. (CAMT) said that it has completed the acquisition of SELA - Semiconductor Engineering Laboratories Ltd.
In consideration for the shares, Camtek will pay to SELA's shareholders future payments in the aggregate amount of up to $9.5 million, contingent upon SELA's revenues.
SELA is engaged in the development, manufacturing and marketing of automated Scanning Electron Microscope and Transmission Electron Microscope sample preparation equipment, primarily for the semiconductor industry.
Sela will function as a Business Division within Camtek, led by Colin Smith, formerly SELA's CEO and President, who will assume the position of VP at Camtek and Sela Division manager.
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