ADE CORP, (ADEX) Stock Research Free Stock Rating

Company Profile

ADE Corporation engages in the design, manufacture, marketing, and service of automated measurement, defect detection, and handling equipment used in the production of semiconductor wafers, semiconductor devices, and magnetic computer disks. It operates through three segments: ADE Semiconductor Systems Group (SSG), ADE Phase Shift (PST), and ADE Technologies (ATI). SSG segment manufactures and markets metrology and inspection systems to the semiconductor wafer and device manufacturing industries. It also sells stand-alone software products and provides software-consulting services. PST segment manufactures and markets noncontact surface metrology equipment using advanced interferometric technology that provides enhanced yield management to the data storage, semiconductor, and optics industries. ATI segment manufactures and markets magnetic characterization and noncontact dimensional metrology gaging systems primarily to the data storage industry. ADE markets and sells its semiconductor metrology and inspection products through its direct sales force, distributors, and independent sales representatives. The company offers its products to semiconductor wafer and device manufacturing concerns, as well as magnetic data storage device and disk drive manufacturers located in the United States, Japan, Europe, and the Far East. ADE was founded by Robert C. Abbe in 1967 and is headquartered in Westwood, Massachusetts.

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