Nova Measuring Instruments

Nova Measuring Instruments Ltd.

Type	Public
Traded as	NASDAQ: NVMI TASE: NVMI
Industry	Diversified machinery
Founded	May 1993 (1993-05)
Founder(s)	Giora Dishon, Moshe Finarov
Headquarters	Rehovot, Israel
Key people	Gabi Seligsohn (President & CEO)
Services	Semiconductor equipment
Revenue	US$86.62 million (2010)
Operating income	US$21.87 million (2010)
Net income	US$22.17 million (2010)
Website	nova.co.il
References: [1]

Nova Measuring Instruments is a publicly traded company, headquartered in Israel, that designs, develops and produces monitoring and measurement systems for the semiconductor manufacturing industry. Shares of the company are traded on the NASDAQ Global Market and on the Tel Aviv Stock Exchange.

History

Nova Measuring Instruments was founded in May 1993 by Giora Dishon and Moshe Finarov.^[2][3] Dishon graduated from the Hebrew University of Jerusalem with a Ph.D in materials science.^[4][5] Finarov earned a Ph.D in semiconductor physics from the Technical University in Moscow.^[6]

Intel Corporation became a client of and investor in Nova in 1997.^[7][8] In 1999 Nova announced the establishment of a subsidiary in Japan, Nova Measuring Instruments K.K., and that it was opening offices in Singapore in order to expand its presence in the Asia-Pacific market.^[9] Nova executed its initial public offering on the NASDAQ exchange in April 2000.^[10] In 2006 Nova acquired HyperNex Inc., a Pennsylvania-based developer of microstructure analysis tools.^[11]

See also

• Metrology
• Semiconductor device fabrication
• TA BlueTech-50 Index
• List of Israeli companies quoted on the Nasdaq

References

1. ^ "NVMI Income Statement". Yahoo! Finance. 2011. http://finance.yahoo.com/q/is?s=NVMI+Income+Statement&annual. Retrieved 5 October 2011. 
2. ^ "Nova Measuring Instruments Ltd (NVMI.O) Company Profile". Reuters. http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=NVMI.O. Retrieved 7 October 2011. "Nova Measuring Instruments Ltd. (Nova), incorporated in May 1993, is a designer, developer and producer of integrated process control metrology systems." 
3. ^ "Becoming a trusted supplier to fabs and foundries". Israel Venture Capital & Private Equity 8 (3): 11. September 2008. http://www.auctus.co.il/images/pdf_articles/0809_ivc.pdf. Retrieved 5 October 2011. "The company was established in 1993 by Giora Dishon and Moshe Finarov, formerly of Orbotech, to develop an advanced concept of integrating metrology and inspection tasks into the semiconductor process line." 
4. ^ "Giora Dishon: Executive Profile & Biography". Bloomberg Businessweek. http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=757379&ticker=NVMI:IT&previousCapId=702005&previousTitle=ORAD%20HI-TECH%20SYSTEMS%20LTD. Retrieved 5 October 2011. 
5. ^ Pinkas, Gitit (18 March 2011). "גיורא דישון, מנכ"ל נובה: 'מנענו פיטורים ע"י קיצוצים שהעובדים קיבלו בהבנה' [Giora Dishon, CEO of Nova: 'We avoided layoffs by cutbacks that employees accepted understandingly']" (in Hebrew). TheMarker. http://www.themarker.com/wallstreet/1.54874. Retrieved 5 October 2011. "לד"ר דישון דוקטורט בחקר חומרים מהאוניברסיטה העברית בירושלים." 
6. ^ Finarov, Moshe (June 1999). "Specifying and evaluating thin-film metrology tools". Solid State Technology 42 (6): 111. http://www.electroiq.com/articles/sst/print/volume-42/issue-6/features/metrology-test/specifying-and-evaluating-thin-film-metrology-tools.html. Retrieved 5 October 2011. "Moshe Finarov received his PhD in semiconductor physics from the Technical University in Moscow." 
7. ^ "Intel Acquires 8% of Nova Measuring Instruments for $3 Mln". Globes. http://archive.globes.co.il/searchgl/Intel%20Acquires%208%20of%20Nova%20Measuring%20Instruments%20for_h_hd_0L34oDpKsN3CsCJWoCYveT6ri.html. Retrieved 5 October 2011. "Intel has invested $3 million in Israeli company Nova Measuring Instruments, in exchange for 7.9% of its share capital." 
8. ^ Feldman, Batya (11 November 2010). "'במקום נובה חדשה אני עוזר לחברות אנרגיה מתחדשת' [Instead of a new Nova I'm helping renewable energy companies]" (in Hebrew). Globes. http://www.globes.co.il/news/article.aspx?did=1000600609. Retrieved 5 October 2011. "בשנת 1997 אינטל השקיעה בנובה והפכה גם ללקוחה שלה." 
9. ^ "Nova Opens Subsidiary Offices in Tokyo and Singapore". FindArticles. Business Wire (Rehovoth). 9 November 1999. http://findarticles.com/p/articles/mi_m0EIN/is_1999_Nov_9/ai_57433230/. Retrieved 5 October 2011. 
10. ^ "Nova Measuring Instruments". Teuza. http://www.teuzafund.com/nova.html. Retrieved 7 October 2011. "In April 2000 Nova Measuring Instruments Ltd., in which Teuza’s original investment was $900,000, issued its shares on the USA NASDAQ stock exchange (at a post money valuation of $285M)." 
11. ^ "HyperNex, Inc.: Private Company Information". Bloomberg Businessweek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1266764. Retrieved 5 October 2011. "As of August 9, 2006, HyperNex, Inc. operates as a subsidiary of Nova Measuring Instruments Ltd."