KLA-Tencor Corporation acquires Oak Ridge-based Nanomechanics Inc.

An Oak Ridge-based technology company has been acquired by KLA-Tencor Corporation, the leading supplier of process control and yield management solutions for the semiconductor and related industries.

The transaction to purchase Nanomechanics Inc. (NMI), announced in an email yesterday, was completed on July 12. The company has been the focus of a number of articles on including a two-part series (Part 1 and Part 2) on Warren Oliver, a well-known name in the field of nanotechnology and one of the Founders of the company.

Nanomechanics manufactures equipment to understand the mechanical properties of materials. In 2016, it won a “Governor’s Award for Trade Excellence” that was presented at the State of Tennessee’s annual economic and community development conference. In 2013, Nanomechanics won one of the prestigious “R&D 100 Awards” outright and was named on a second one with former owner and customer Agilent Technologies. The award on which the company was lead was “TuffTek,” a materials science application. The shared award was for “Express Test (Electronic Instrumentation),” an electronic instrumentation technology.

“The NMI products are complementary to our Nano Indenter G200™ product, recently acquired from Keysight Technologies,” Brian Crawford, Director of Business Development for KLA-Tencor’s Surface Metrology Group, wrote in the email. “The acquisition extends KLA-Tencor’s nanomechanical testing solutions to include the iNano™, iMicro™, Gemini™, NanoFlip™, InSEM™ and InSEM™ HT products.”

KLA-Tencor said the acquisition will enable it to better serve the company’s customers by:

  • Increased global support for NMI which is joining a larger team with offices around the world;
  • The combination of NMI’s R&D team with KLA-Tencor, a company that invests heavily in R&D; and
  • The reuniting of Oliver and the NMI team with the Nano Indenter G200™.

“Over the next 30 to 45 days, we will be working through the integration of NMI and KLA-Tencor,” Crawford wrote. “It is our priority to ensure that you (our customers) continue to receive a high level of support during and after this transition period.”

We also posted this 2012 article that described the evolution at Nanomechanics since it was founded Oliver and John Pethica as Nano Instruments in 1983. The latter was acquired in 1998 by MTS Systems Corporation and again in 2008 by Agilent Technologies of Santa Clara, CA. Nanomechanics was established in 2009 after the team exited Agilent.

Tom Ballard

By Tom Ballard, Chief Alliance Officer,
Pershing Yoakley & Associates. P.C.

eNews & Updates

Sign up to receive posts via email.

Connect With Us

Upcoming Events

  • Feb 19 2019 "Rise and Grind" Session 2: “A Survey of Capital Sources, Timing, and Costs”
    Room 402 of the Haslam Business Building, UT Knoxville
  • Feb 20 2019 "Vol Court Speaker Series & Pitch Competition" Session #4
    TOPIC: “Entrepreneurial Crowdfunding.” Room 104, Haslam Business Building, UT Knoxville
  • Feb 21 2019 Fairview Technology Center Open House
    11020 Solway Road, Knoxville
  • Feb 23 2019 Tennessee Inventors Association Monthly Meeting
    LMU Cedar Bluff Campus, 421 Park 40 North Boulevard, Knoxville
  • Feb 26 2019 Bunker Labs Knoxville Meet-up
    Awaken Coffee, 125 West Jackson Avenue, Knoxville
  • Feb 27 2019 "Vol Court Speaker Series & Pitch Competition" Session #5
    TOPIC: “What’s YOUR Story?” Room 104, Haslam Business Building, UT Knoxville
  • Feb 28 2019 Session 5: Maryville College "Scots Innovation Challenge" Pitch Competition
    Lambert Recital Hall at the Clayton Center for the Performing Arts
  • Mar 02 2019 Knoxville City Hackathon
    Pyxl, 625 South Gay Street
  • Mar 03 2019 "What's the Big Idea 48-Hour Launch" Pitch Finale
    Scruffy City Hall, Market Square
  • Mar 03 2019 Knoxville City Hackathon Pitch Finale
    Scruffy City Hall, Market Square
  • Mar 05 2019 Knoxville Mayoral Candidate Forum
    Relix Theatre, 1208 North Central Street, Knoxville
  • Mar 06 2019 "Vol Court Speaker Series & Pitch Competition" Finale
    TOPIC: The pitch competition. Room 104, Haslam Business Building, UT Knoxville

Links to Partners