BNET Industries
Market Cap:$2.1B
Last Fiscal Year Sales:$834.0M
- Public
- US
Dow Jones Description
We are the leading supplier of ion implantation equipment used in the fabrication of semiconductor chips. We design, manufacture, market and service semiconductor processing equipment for virtually all of the major semiconductor manufacturers in the world. The VIISta ion implanter products are designed to leverage single wafer processing technology for the full range of semiconductor implant applications. We have shipped more than 4,000 systems worldwide. We provide support, training, and after-market products and services that help our customers obtain high utilization and productivity, reduce operating costs and extend capital productivity of investments through multiple product generations. In fiscal year 2008, we were ranked number one in customer satisfaction in VLSI Research Inc.s customer survey for all large suppliers of wafer processing equipment, an honor received in eleven of the past twelve years. Our industry is cyclical. The business depends upon semiconductor manufacturers expectations and resulting capacity investments for future integrated circuit demand. Historically, our business has experienced significant volatility and we believe the semiconductor capital equipment business will continue to be volatile, largely due to fluctuations in the level of investment by memory manufacturers. During the first quarter of fiscal year 2009, we experienced a significant drop in business compared to the fourth quarter of fiscal year 2008. ...
Chief Executive Officer
Gary E. DickersonNumber of Employees 1,545
Peer Companies
NAICS Code Semiconductor and Related Device Manufacturing: 334413
Recent Events
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Varian 4Q profit rises four-fold on cost cuts
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Varian Semiconductor Equipment Associates Announces Live Public Webcast of Upcoming Conference Call
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Varian Semiconductor Equipment Associates Reports Fiscal 2009 Third Quarter Results
News & Analysis
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seeking alpha and varian semiconductor equipment associates inc. - All News and Analysis
Varian Semiconductor Equipment Associates, Inc. F4Q09 (Qtr End 10/02/09) Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator instructions Our first question will come from the line of Patrick Ho of Stifel Nicolaus. You may proceed. Patrick Ho – Stifel Nicolaus Thanks a lot. Congrats on getting back to profitability, guys. First, a housekeeping question, Bob. Stock options and would the...
Varian Semiconductor Equipment Associates, Inc. F3Q09 (Qtr End 07/03/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of C.J. Muse with Barclays Capital. Please proceed. Mr. Muse, your line is open, Please proceed. C.J. Muse – Barclays Capital Hello, can you hear me? Robert Halliday We can hear you now C.J. C.J. Muse – Barclays...
Varian Semiconductor Equipment Associates, Inc. F2Q09 (Qtr End 04/03/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Suresh Balaraman from ThinkEquity. Please proceed. Suresh Balaraman - ThinkEquity You talked about tool utilization going up from a few months ago to now. Can you put some numbers on it? Is it going from 20% to...
Varian Semiconductor Equipment Associates, Inc. F1Q09 (Qtr End 01/02/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of C.J. Muse of Barclays Capital. Please proceed. C.J. Muse - Barclays Capital Hi, good evening. Thank you for taking my question. I guess first, first question on the cost-cutting side, can you talk about your plans I...
Varian Semiconductor Equipment Associates, Inc. F4Q08 (Qtr End 10/03/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Stephen Chin with Capital. Please proceed. C.J. Muse - Barclays Capital In terms of your PLAD opportunity, can you comment on one, have you made any traction in the non-view side of things and then...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gary E. Dickerson | Chief Executive Officer |
| Robert J. Halliday | Executive V.P. and Cfo |
| Thomas C. Baker | Vice President Finance, Cao |
| Walter F. Sullivan | Chief Information Officer |
| Robert J. Perlmutter | Executive. Vice President |
| Stanley K. Yarbro | Executive Vice President |
| Gary Loser | V.P., Secretary, General. Counsel |
| Gary Rosen | Vice President, Engineering |
| Seth H. Bagshaw | Controller & Vice President |
| Yong-Kil Kim | Executive Vice President & General Manager, Asia Operations |
| Eric Chen | Managing Director, Silver Lake Partners |
| Rick Johnson | Director of Facilities |
| Susan Torbitt | Manager, Public Relations and Communications, Varian Semiconductor Equipment Associates, Inc. |
| Dennis G Schmal | Consultant |
| Kil Kim |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ben Ming | Board of Directors |
| Ben Tsai | Board of Directors |
| Bin-Ming Tsai | Board of Directors |
| Elizebeth E Tallett | Board of Directors |
| Robert Dutton | Board of Directors |
| Xun Chen | Board of Directors |
Mr. Dickerson has served as Varian Semiconductor s Chief Executive Officer and a Director of Varian Semiconductor since October 2004. Prior to joining Varian Semiconductor, Mr. Dickerson was President and Chief Operating Officer of KLA-Tencor from July 2002 to April 2004. From July 1999 to June 2002, he served as Chief Operating Officer of KLA-Tencor. Previously at KLA-Tencor, Mr. Dickerson was the Executive Vice President of the Customer Group from July 1997 to June 1999, Group Vice President for the Wafer Inspection Group from January 1996 to June 1997, and General Manager of the Wisard Division from July 1994 to December 1995.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Chief Executive Officer | Current |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Varian Semiconductor Equipment Associates, Inc. | President | Former |
| KLA-Tencor Corporation | President | Former |
| KLA-Tencor Corporation | Chief Operating Officer | Former |
| The Customer Group, LLC | Executive Vice President | Former |
| KLA-Tencor Corporation | Executive Vice President of the Customer Group | Former |
| KLA-Tencor Corporation | General Manager , Wisard Division | Former |
Mr. Halliday has served as Varian Semiconductor s Executive Vice President and Chief Financial Officer since October 2006. From October 2004 to October 2006 he served as Executive Vice President, Treasurer and Chief Financial Officer. From November 2002 to October 2004, Mr. Halliday served as Varian Semiconductor s Vice President, Treasurer and Chief Financial Officer. From March 2001 to November 2002, Mr. Halliday served as Varian Semiconductor s Vice President and Chief Financial Officer. Prior to joining Varian Semiconductor, Mr. Halliday was Vice President and Chief Financial Officer of Unica Corporation, a software company. Previously, Mr. Halliday was at Ionics, Inc., a manufacturer of water treatment capital equipment. At Ionics, Inc., he was Chief Operating Officer in 2000; Vice President of the Consumer Water Group from 1996 to 2000; and Chief Financial Officer from 1990 to 2000. Mr. Halliday has been a director of Zoll Medical Corporation since July 2003.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Executive V.P. and Cfo | Current |
| Zoll Medical Corporation | Director | Current |
| Unica Corporation | Chief Financial Officer | Former |
| Unica Corporation | Vice President | Former |
Mr. Baker has served as Varian Semiconductor s Vice President of Finance since October of 2006. From June 2003 to October 2006, Mr. Baker was Varian Semiconductor s Corporate Controller and served as Operations Controller and Assistant Controller from February 2001 to June 2003. Mr. Baker was Chief Financial Officer of Chelton Microwave, a manufacturer of microwave components, from 1996 to 2001. Prior to that, he was Corporate Controller of Robertson-Ceco Corporation, a leading manufacturer of metal buildings.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Vice President Finance, Cao | Current |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Chelton Microwave Corp | Chief Financial Officer | Former |
| Varian Semiconductor Equipment Associates, Inc. | Corporate Controller | Former |
| Robertson-Ceco Corporation | Corporate Controller | Former |
Mr. Sullivan has served as Varian Semiconductor s Vice President, Customer Operations since November 2002. Mr. Sullivan was Varian Semiconductor s Vice President, Customer Operations and Chief Information Officer from November 1999 through November 2002. From 1995 to November 1999, he was Vice President, Customer Support of the Semiconductor Equipment Business at VAI.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Chief Information Officer | Current |
| Varian Semiconductor Equipment Associates, Inc. | V.P., Customer Operations | Current |
Dr. Perlmutter has served as Varian Semiconductor s Executive Vice President of Implant Business Units since October 2006. Prior to joining Varian Semiconductor, Dr. Perlmutter was a Group Vice President of KLA-Tencor from July 2006 to October 2006. From October 2001 to June 2006, he served as Vice President and General Manager of KLA-Tencor s WIN Division - responsible for the brightfield and darkfield patterned wafer inspection product lines. Previously at KLA-Tencor, Dr. Perlmutter was Vice President and General Manager of the Surfscan Division from October 1999 to October 2001. From September 1995 to September 1999, Dr. Perlmutter served as a Sr. Director and then, Vice President of Engineering for KLA-Tencor s Reticle and Photomask Inspection Division.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Executive. Vice President | Current |
| KLA-Tencor Corporation | Group Vice President | Former |
| KLA-Tencor Corporation | General Manager, Win Division | Former |
| KLA-Tencor Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Executive Vice President | Current |
| KLA-Tencor Corporation | Group Vice President of Field Operations | Former |
| PerkinElmer, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | V.P., Secretary, General. Counsel | Current |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| GE Plastics | Senior Intellectual Property Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Vice President, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Controller & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Korea Ltd. | Varian Semiconductor S Vice President | Current |
| Varian Korea Ltd. | General Manager | Current |
| Varian Semiconductor Equipment Associates, Inc. | Executive Vice President & General Manager, Asia Operations | Current |
| Varian Korea Ltd. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Managing Director, Silver Lake Partners | Current |
| Silver Lake | Current | |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Brion Technologies, Inc | Board of Directors | Current |
| Stanford University | Ph.D. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Director of Facilities | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Manager, Public Relations and Communications, Varian Semiconductor Equipment Associates, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Consultant | Current |
| Kirby Arnold and Associates | Corporate Leader for Kirby Arnold & Associates Workshops | Current |
| Merriman Curhan Ford & Co. | Chairman | Current |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Pacific Metrics Corporation | Director | Current |
| Merriman Curhan Ford & Co. | Director | Former |
| California State University | BS In Business Administration, Finance | Former |
Dr. Kim has served as Varian Semiconductor s Executive Vice President since October 2004. He has served as Varian Semiconductor s Vice President and General Manger of its Asia Pacific Operations since May 2000 and President of Varian Korea, Limited since April 1999. From April 1997 to March 1999, he Name and Title
| Organization | Position | Status |
|---|---|---|
| Varian Korea Ltd. | Varian Semiconductor S Vice President | Current |
| Varian Semiconductor Equipment Associates, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Tiburon Design Automation, Inc. | Technical Advisor | Current |
| Stanford University | Professor of Electrical Engineering | Current |
| Nanohub | Current | |
| Tiburon Design Automation, Inc. | Director | Current |
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Robust Chip Inc. | Director | Current |
| Cad Corporation Incorporated | Former | |
| University of California, Berkeley | M.S. | Former |
| University of California, Berkeley | B.S. | Former |
Dr. Chen has served as a director of Varian Semiconductor since March 2004. Since July 2002, Dr. Chen has served as a Chief Executive Officer of Brion Technologies, Inc., a privately held technology company based in California. From October 1999 until July 2002, Dr. Chen was a Vice President in the Equity Research Department of J.P. Morgan Chase.
| Organization | Position | Status |
|---|---|---|
| Varian Semiconductor Equipment Associates, Inc. | Board of Directors | Current |
| Brion Technologies, Inc | Chief Executive Officer | Former |
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