Nova (NVMI) said Wednesday it signed a definitive agreement to acquire Sentronics Metrology for about $60 million in cash.
The transaction is expected to close in Q1, Nova said.
Nova said acquiring Sentronics, a supplier of wafer metrology tools for backend semiconductor fabrication, will expand its offerings in dimensional metrology.
Nova also expects the deal to be accretive on a non-GAAP net earnings basis within a year of closing.
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