Ultratech, Inc.San Jose, CA, United States (NASDAQ (GM): UTEK)

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Ultratech Company Description

Ultratech's machines take the ultimate in high-tech baby steps. The company makes step-and-repeat photolithography systems -- called steppers -- that help manufacturers produce semiconductors, thin-film heads for disk drives, and micromachined components. Chip makers use the steppers in photolithography, a process during which device features are imprinted on semiconductor wafer surfaces through repeated exposures to patterns of light. The company's steppers expose a small section of the wafer, then "step" to an adjacent site to repeat the process. Intel accounts for 20% of Ultratech's sales. Customers outside the US provide about two-thirds of sales.

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The Company Description provides a historical perspective of Ultratech's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Ultratech's evolution in the marketplace.

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