Yavneh-based electronics maker will keep offices in Israel after purchase by KLA-Tencor in one of country’s largest-ever deals
Israeli tech firm Orbotech reached a deal Monday to be sold to a US-based manufacturer for $3.4 billion, in one of the biggest ever buyouts of an Israeli company.
The California-based semiconductor equipment maker KLA-Tencor Corporation said Monday that it will be buying the Israeli electronics manufacturer Orbotech Ltd., which produces systems for circuit boards and chips.