Technology Stocks: NOVA  
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Share This Board Moderated By: Mike Sendler -- (Not Moderated) -- Started: 3/26/2000 7:40:00 PM  Revision History

This is an existing company with many years of experience and systems installed all around the world. The system used on CMP tools for in-situ thickness measurement.

Wednesday March 15, 5:50 am Eastern Time
Israel's Nova seeks to raise $60 mln in Nasdaq IPO
JERUSALEM, March 15 (Reuters) - Israel's Nova Measuring Instruments Ltd has filed for a $60 million initial public offering on Nasdaq, its parent companies said on Wednesday.

The offering will be priced at $18 to $20 a share, the companies said in a statement to the Tel Aviv Stock Exchange.

This price values Nova at $230 million to $260 million before the offering, the statement said.

A Nova source said the money would be used for supporting reserarch and development, working capital and general corporate purchases. He said that although there is no set timetable, the offering should take place within a few weeks.

Brokerages Chase, SG Cowen and Needham will be the main underwriters.

Nova's major shareholder Clal Electronics currently owns a 25 percent stake but this will be reduced to 19 percent after the IPO. Clal said it expects a $10 million capital gain from the offering.

Nova develops, produces and markets monitoring and measurement systems for the semiconductor manufacturing industry.
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39Hi Jake , I guess every year or so I need a wake up call. Good to see businessrobert b furman-04/08/2014 10:32 AM
38Nova Receives Multiple Orders for its Advanced Software Solutions 09:02 AM
37HI Jake, Should've known you'd be over here. Nice forward view of busrobert b furman-02/20/2013 10:16 AM
36Nova Measuring Instruments Ltd. (NVMI): After meeting with Nova’s CEO, Stifel NiJakeStraw-08/10/2012 03:12 PM
35Nova Announces 2012 Second Quarter Results  Highlights fJakeStraw-07/31/2012 11:17 AM
34Nova Delivers the T600 Stand Alone Metrology Tool to a Leading Memory ManufacturJakeStraw-06/20/2012 10:19 AM
33Nova i500(R) Integrated Metrology Tool Selected by Leading Memory Manufacturer fJakeStraw-05/15/2012 11:31 AM
32Nova Announces 2012 First Quarter Results  "The picJakeStraw-05/02/2012 09:48 AM
31Nova Adds Another Leading Foundry to its Integrated Metrology Customer Base finaJakeStraw-04/04/2012 08:04 AM
30Nova Receives over 12 Million Dollar Orders for Accelerated 2X nanometer ProductJakeStraw-03/12/2012 07:54 AM
29Nova Measuring Instruments' CEO Discusses Q4 2011 Results - Earnings Call TrJakeStraw-02/15/2012 03:38 PM
28Nova Announces 2011 Fourth Quarter and Full Year Results JakeStraw-02/15/2012 08:01 AM
27Nova is Selected by Leading Asian Foundry to be the Tool of Record for its Most JakeStraw-12/05/2011 09:04 AM
26Nova Gains Market Share in Stand-Alone Optical CD with Selection and Repeat OrdeJakeStraw-10/03/2011 02:26 PM
25Nova Measuring Instruments' CEO Discusses Q2 2011 Results - Earnings Call TrJakeStraw-08/02/2011 02:37 PM
24Nova Announces 2011 Second Quarter Results  "SecondJakeStraw-08/02/2011 07:43 AM
23Nova Measuring Instruments Stands to Gain as Semiconductor Industry Moves to 3-DJakeStraw-07/13/2011 07:52 AM
22Nova Pushing the Limits of 3D Profile Metrology With New Optical CD System finanJakeStraw-07/11/2011 08:00 AM
21Nova i500(R) Gains Market Recognition With Multiple Customers Orders finance.yahJakeStraw-07/07/2011 09:32 AM
20Nova Measuring Instruments designs, develops, produces and supplies integrated pJakeStraw-05/25/2011 01:35 PM
19Needham upgrades NVMI to a Strong Buy today... JakeStraw-05/05/2011 12:53 PM
18Nova Announces 2011 First Quarter Results  Record BookingJakeStraw-05/04/2011 08:08 AM
17Chip Equipment Makers Shine All Over  "Nova Measuring swivel-eyed loon-04/11/2011 12:37 PM
16NVMI Enters Oversold Territory  JakeStraw-04/07/2011 10:59 AM
15The company's revenues grew at a CAGR of 12.4% during the past five years. JakeStraw-04/06/2011 03:10 PM
14Nova Announces the Establishment of a Local Branch in South Korea 09:21 AM
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