BNET Industries

Market Cap:$122.6M
Last Fiscal Year Sales:$404.8M
  • Public
  • US
Dow Jones Description

Axcelis Technologies, Inc. ("Axcelis," "the Company," "we," "us," or "our"), is a worldwide producer of equipment used in the fabrication of semiconductors. In addition, the Company provides extensive aftermarket service and support, including spare parts, equipment upgrades, and maintenance services to the semiconductor industry. Until March 30, 2009, the Company owned 50% of the equity of a joint venture with Sumitomo Heavy Industries, Ltd. ("SHI") in Japan. This joint venture, which was known as SEN Corporation, an SHI and Axcelis Company ("SEN"), licensed technology from the Company relating to the manufacture of specified ion implantation products and had exclusive rights to manufacture and sell these products in the territory of Japan. SEN is the leading producer of ion implantation equipment in Japan. On February 26, 2009, Axcelis, SHI and SEN entered into a Share Purchase Agreement pursuant to which, on March 30, 2009, Axcelis sold its shares in SEN to SHI for $132.8 million before advisor fees and other expenses of $10.5 million, of which $7.1 million was recorded in other current liabilities as of March 31, 2009. Upon the sale of the Company's investment in SEN, Axcelis and SEN entered into a new License Agreement which allows each company to continue to use certain patents and technical information owned by the other to make and sell previously licensed ion implant systems on a worldwide, royalty-free, perpetual basis. ...

Chairman, President and CEO
Mary G. Puma
Number of Employees 1,154
Contact Information

108 Cherry Hill Dr

Beverly, Massachusetts 01915-1068

axcelis.com

(978) 787-4000

NAICS Code Semiconductor Machinery Manufacturing: 333295

Recent Events

  • Axcelis ACLS Posts Q3 Loss of 15c, Narrower Than Expected; Guides

    11/05/09 - Financial Announcement - View Story

  • Axcelis Announces Joint Development Program With Kingstone Semiconductor

    7/14/09 - Joint Venture / Alliance - View Story

  • PennyStockChaser.com: Pennystockchaser.com Alerts for Monday include PowerSecure International, Inc. (Nasdaq: POWR)

    6/22/09 - Joint Venture / Alliance - View Story

News & Analysis

axcelis technologies inc. and greenbackd - All News and Analysis

Decision Makers

Name (plus bio) Position
Craig Halterman Chief Information Officer
Stephen G. Bassett CFO & Executive Vice President
Kevin Brewer Executive Vice President, Operations
Lynnette C. Fallon General Counsel, HR & Executive Vice President
Matthew P. Flynn Executive Vice President, Customer Operations
Marc S. Levine Senior Vice President Product Development
Mark J. Namaroff Senior Vice President Strategic Marketing
William Bintz Senior Vice President, Marketing
Giuseppe P Spalma
Geoff Wild Director

Board of Directors

Name (plus bio) Position
Mary G. Puma Chairman, President and CEO
William C. Jennings Chairman
H. Brian Thompson Board of Directors
Michio Naruto Board of Directors
Mr Geoffrey Wild Board of Directors
Patrick H. Nettles PhD Board of Directors
R John Fletcher Board of Directors
Stephen R. Hardis Board of Directors

Mary Puma has been Axcelis' Chairman since May of 2005 and CEO since January 2002. She played an instrumental role in the company's spin off from Eaton Corporation in 2000, when she was named president and chief operating officer. Puma joined the semiconductor business in 1998, when it was Eaton's Semiconductor Operation, first serving as the vice president of its implant business and then as the vice president for the total operation. Puma joined Eaton in May 1996 as the general manager of the company's commercial controls division. Prior to joining Eaton, she spent 15 years in various marketing and general management positions at five different General Electric business units. Puma holds a BA in economics, Phi Beta Kappa, from Tufts University and an MS in management from the MIT Sloan School. She is a member of the boards at Nordson Corporation, North Shore Medical Center and Semiconductor Equipment and Materials International (SEMI).

Organization Position Status
Axcelis Technologies, Inc. Chairman, President and CEO Current
North Shore Medical Center Director Current
Semiconductor Equipment Corp. Director Current
Nordson Corporation Director Current
Sumitomo Eaton Nova Corporation Board of Directors Current
Materials International Inc. Director Current
Axcelis Technologies, Inc. Vice President Former
Axcelis Technologies, Inc. Board of Directors Former
Tufts University BA in economics, Phi Beta Kappa Former

Craig Halterman, 45, has been our Chief Information Officer since July 2000 and a Senior Vice President since May 2005, before which he was a Vice President since July 2000 and our Director of Information Technology since the beginning of 2000. Prior to joining us, Mr. Halterman was Information Technology Director at Honeywell/AlliedSignal in its defense and space systems business since 1997. Before that, Mr. Halterman held various information technology positions at The Dow Chemical Co., Thompson Consumer Electronics, General Electric Co. and RCA Consumer Electronics.

Organization Position Status
Axcelis Technologies, Inc. Chief Information Officer Current
Aerojet Vice President & Chief Information Officer Current
The Dow Chemical Company Former

Stephen Bassett joined Axcelis in April 2004, after serving as Axcelis' interim chief financial officer for nearly a year. He is the former chief financial officer of Ezenia! Inc. Bassett has worked as an independent financial consultant and spent 15 years as an audit partner at Ernst & Young LLP, where he managed auditing services for a variety of organizations, ranging from multinational Fortune 500 companies to emerging businesses. Bassett holds a Bachelor of Science degree in Accounting from the University of Maine Orono.

Organization Position Status
Axcelis Technologies, Inc. CFO & Executive Vice President Current
Ezenia! Inc. chief financial officer Former
Ernst & Young audit partner Former

Kevin J. Brewer, 50, is our Executive Vice President, Manufacturing Operations, a position he has held since November 2008, prior to which he had been Vice President of Manufacturing Operations since October 2002 and Director of Operations from 1999 to 2002. Prior to joining Axcelis in 1999, Mr. Brewer was Director of Operations, Business Jets at Raytheon Aircraft Company, a leading manufacturer of business and special mission aircraft owned by Raytheon Company, a manufacturer of defense, government and commercial electronics, as well as aircraft. Prior to that, Mr. Brewer held various management positions in operations and strategic planning in Raytheon Company's Electronic Systems and Missile Systems groups.

Organization Position Status
Axcelis Technologies, Inc. Executive Vice President, Operations Current
Axcelis Technologies, Inc. Senior Vice President, Manufacturing Operations Former
Raytheon Aircraft Co. Director of Operations Former
New Hampshire College MBA Former
Southeastern Massachusetts University BS in mechanical engineering technology Former

Lynnette Fallon oversees Axcelis' legal and human resources operations, and also serves as Axcelis' corporate secretary. She joined Axcelis in April 2001 as senior vice president and general counsel. Previously, Fallon spent nearly a decade as a partner in the Boston law firm of Palmer & Dodge LLP, where she was head of the Business Law Department from 1997 to 2001. Fallon holds a bachelor's degree from Vassar College and received her JD from Boston University School of Law.

Organization Position Status
Axcelis Technologies, Inc. General Counsel, HR & Executive Vice President Current
Palmer Dodge Inc. Partner Former
Boston University JD Former
Vassar College bachelor's degree Former

Matthew Flynn is responsible for directing all sales, service and logistics efforts for the company. Flynn most recently held the position of director of sales, ion implant and RTP systems. Prior to joining Axcelis in 1996, Flynn held executive and management roles at Cherry Semiconductor and Teledyne. Flynn holds a BA in political science and a master's degree in public administration from the University of South Florida.

Organization Position Status
Axcelis Technologies, Inc. Executive Vice President, Customer Operations Current
RTP Co. director of sales Former
University of South Florida master's degree in public administration Former

Organization Position Status
Axcelis Technologies, Inc. Senior Vice President Product Development Current
Teradyne, Inc. Vice President Former
Stanford University master's degree in computer engineering Former
Massachusetts Institute of Technology bachelor's degree in computer science and electrical engineering Former

Organization Position Status
Axcelis Technologies, Inc. Senior Vice President Strategic Marketing Current
Boston University MBA Former
The State University of New York BE in engineering science and an MS in material science Former

Bill joined Axcelis in early 2006 as Director of Marketing for CCS products and shortly thereafter became Vice President of Product Marketing where he expanded his responsibilities to include implant products as well. Prior to joining Axcelis, Bill was with Varian Semiconductor as Product Director for Medium Current and High Energy Ion Implant Systems. Before that, Bill was General Manager of the Materials Delivery Products Group at MKS Instruments and General Manager of the Thermal Processing Systems Division at Eaton Corporation. Bill holds a BSME and MSEE degree from Northeastern University.

Organization Position Status
Axcelis Technologies, Inc. Senior Vice President, Marketing Current
Axcelis Technologies, Inc. Director of Marketing Current
MKS Instruments, Inc. General Manager Former
MKS Instruments, Inc. Director, Materials Delivery Former
Varian Semiconductor Equipment Associates, Inc. Product Director Former

Organization Position Status
Axcelis Technologies, Inc. Current
Micro Control Former

Organization Position Status
Axcelis Technologies, Inc. Chairman Current
Clirpath Board of Directors Current
NYFIX, Inc. Director Current
Silgan Holdings, Inc. Director Current
Axcelis Technologies, Inc. Board of Directors Former
University of Florida Master of Business Administration Former

Organization Position Status
Cascade Microtech Inc. Director, President and Chief Executive Officer Current
E Ink Corporation Director Current
Nikon Precision Inc. Board of Directors Current
Cascade Microtech Inc. Board of Directors Current
Axcelis Technologies, Inc. Director Current
Nikon Precision Inc. Chief Executive Officer Former
Nikon Precision Inc. President Former
Johnson Matthey, Inc. Former
University of Bath B.Sc. Degree In Chemistry Former

As a veteran senior executive of the telecommunication industry, Brian has been instrumental in impacting the rise of competitive telecommunications both in the U.S. and abroad. Brian continues to head his own private equity investment and advisory firm, Universal Telecommunications, Inc, in Vienna, Virginia, focused on both start-up companies and consolidations taking place in the information/telecommunications industries. Brian currently serves as Chairman, Comsat International (CI), one of the largest independent telecommunications operators serving all of Latin America. He was previously Chairman and Chief Executive officer of Global TeleSystems Group, Inc. from March 1999 through September of 2000. He served as Chairman and CEO of LCI International, leading a turnaround of the company and developing it into one of the fastest growing telecommunications companies in the U.S. Subsequent to the merger of LCI with Qwest Communications International Inc. in June 1998, he became Vice Chairman of the Board for Qwest until his resignation. Brian was also the Executive Vice President of MCI Communications Corporation during its formative years as a long distance service company from 1981 to 1990 with responsibility for the company's eight operating divisions, including MCI International. He currently serves as a member of the board of directors of Bell Canada International Inc., ArrayComm, Inc., Axcelis Technologies, Inc., Sonus Technologies, and United Auto Group. Brian also serves as the U.S. co-chairman of the Global Information Infrastructure Commission, a multinational organization charting the role of the private sector in the developing global information and telecommunications infrastructure. Additionally, he is a member of the Irish Prime Minister's Ireland-America Economic Advisory Board.

Organization Position Status
Itown Communications Inc Chairman (Founder) Current
Netpreneur Current
Sonus Networks Inc. Chairman, Comsat International Current
Fiberutilities Group Executive Chairman of Global Telecom & Technology (Gtt) Current
Global Telecom & Technology, Inc. Executive Chairman Current
POP2POP Executive Chairman Current
Giic Co Chairman, Comsat International Current
UnitedAuto Group, Inc. Compensation and Management Development Committee Chairman Current
Axcelis Technologies, Inc. Board of Directors Current
Bell Canada International, Inc. Board of Directors Current
UnitedAuto Group, Inc. Nominating and Corporate Governance Committee Member Current
Universal Telecommunications, Inc. Chief Executive Officer Former
Global Telesystems, Inc. Chief Executive Officer Former
LCI Corporation International Chief Executive Officer Former
MCI Communications Corporation Executive Vice President Former
McKinsey & Company, Inc. Management Consultant Former
Universal Telecommunications, Inc. Head Former
LCI Corporation International Chairman Former
Sonus Networks Inc. Board of Directors Former
Qwest Communications International Inc. Vice Chairman Former
UnitedAuto Group, Inc. Board Director Former

Organization Position Status
Axcelis Technologies, Inc. Board of Directors Current
Fujitsu Limited Member Former

Organization Position Status
Cascade Microtech Inc. Chief Executive Officer Current
Cascade Microtech Inc. President Current
Cascade Microtech Inc. Director Current
E Ink Corporation Director Current
Axcelis Technologies, Inc. Board of Directors Current
Nikon Precision Inc. Chief Executive Officer Former
Honeywell International Inc. president Former
Nikon Precision Inc. President Former
University of Bath B.Sc. degree Former

Array

Organization Position Status
World Wide Packets Inc. Executive Chairman of The Board of Directors Current
Progressive Casualty Insurance Company Board of Directors Current
Apptrigger, Inc. Board of Directors Current
Axcelis Technologies, Inc. Board of Directors Current
The Progressive Corporation Board of Directors Current
Ciena Corporation Director Current
Ciena Corporation Chief Executive Officer Former
Optilink President Former
Optilink Chief Financial Officer Former
California Institute of Technology Trustee Former
DSC Communications Corporation Former
Carrius Technologies, Inc. Former
California Institute of Technology Ph.D. in Physics Former
Georgia Institute of Technology BS in Physics Former

Organization Position Status
Certalogic, Inc. Chairman and Investor Current
Autoimmune, Inc. Chair Current
NMT Medical, Inc. Board of Directors Current
Axcelis Technologies, Inc. Board of Directors Current
Clirpath Director Current
The Spectranetics Corporation Director Current
Autoimmune, Inc. Board of Directors Current
Wharton Graduate School of the University of Pennsylvania Instructor Former
Wharton Graduate School of the University of Pennsylvania M.A. In Finance Former
The George Washington University M.A. In Finance Former
Southern Illinois University M.B.A. Former
The George Washington University B.A. Former

Organization Position Status
American Greetings Corporation Chairman Current
Marsh & McLennan Companies, Inc. Chairman Current
The Progressive Corporation Board of Directors Current
Axcelis Technologies, Inc. Board of Directors Current
Lexmark International, Inc. Board of Directors Current
Ironwood Management Partners II, LLC Board of Directors Current
Nordson Corporation Board of Directors Current
Lexmark International Middle East Fz LLC Director Current
Eaton Corporation Chief Executive Officer Former
Eaton Corporation Chairman Former
Axcelis Technologies, Inc. Chairman Former
Marsh & McLennan Companies, Inc. Board of Directors Former
American Greetings Corporation Board of Directors Former
STERIS Corporation Board of Directors Former
Princeton University Master's Degree In Public and International Affairs Former

Executive News

  • Cascade Microtech Announces New Device-Footprint G80 Grypper(TM)

    Market Wire via MSN Money - 8/12/09 - View Story

advertisement
     ACLS $1.18 0.00 (0.00% )
Average Volume 1,361,210
Shares Outstanding 103.91M
Market Cap 122.6M
Year High 1.78
Year Low 0.17
Earnings Per Share -2.02
P/E Ratio -0.58
Dividend N/A
Yield N/A
advertisement