White & Case advises Camtek on US$100 million acquisition of FormFactor's semiconductor metrology business
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Global law firm White & Case LLP has advised Camtek Ltd. on its agreement to acquire the FRT Metrology business (FRT) from California-based FormFactor Inc. for an all-cash purchase price of US$100 million, subject to customary adjustments.
Headquartered in Israel and listed on the Nasdaq Global Market, Camtek is a developer and manufacturer of inspection and measurement equipment for the semiconductor industry. FRT, headquartered in Bergisch Gladbach, Germany, is a supplier of high-precision metrology solutions for the Advanced Packaging and Silicon Carbide markets. With the addition of FRT's unique hybrid multi-sensor SurfaceSens™ technology, Camtek will be able to offer broader and more comprehensive inspection and metrology solutions to its customers.
The cross-border White & Case team which advised on the transaction included Germany- and US-based lawyers from its Global Technology Industry Group, Israel Practice and Foreign Direct Investment Reviews Practice, working in cooperation with Camtek´s Israeli counsel Shibolet & Co. The Firm's team was led by partners Tobias Heinrich (Frankfurt) and Gary Silverman (Chicago) and included partners Bodo Bender, Sebastian Stuetze (both Frankfurt), Joel Rubinstein (New York) and Carolyn Gurland (Chicago), local partners Jochen Hoerth, David Smith, Alisa Preissler (all Frankfurt) and Thilo Wienke (Düsseldorf), counsel Isaac Tendler (New York) and associates Jan Lampert, Alexander Bijok, Philip Eichhorn, Chris Loke (all Frankfurt) and Brandon Dubov (New York).
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