Varian Shareholders Approve the Planned Merger With Applied Materials

Varian Shareholders Approve the Planned Merger With Applied Materials

GLOUCESTER, MA — (Marketwire) — 08/12/11 — Varian Semiconductor Equipment Associates, Inc. ("Varian") (NASDAQ: VSEA) achieved a significant milestone yesterday in the proposed merger between Varian and Applied Materials, Inc. (NASDAQ: AMAT). At a special stockholders meeting yesterday, Varian stockholders voted to approve the merger. Gary Dickerson, Chief Executive Officer of Varian Semiconductor, said, "Gaining shareholder approval is a significant step in the process to com

Varian Semiconductor Equipment Associates Reports Fiscal Year 2011 Third Quarter Results

Varian Semiconductor Equipment Associates Reports Fiscal Year 2011 Third Quarter Results

GLOUCESTER, MA — (Marketwire) — 07/28/11 — Varian Semiconductor Equipment Associates, Inc. ("Varian Semiconductor") (NASDAQ: VSEA) today announced results for its fiscal year 2011 third quarter ended July 1, 2011.Revenue for the third quarter of fiscal year 2011 totaled $328.4 million, compared to revenue of $227.7 million for the same period a year ago. Varian Semiconductor recorded net income of $67.4 million, or $0.87 per diluted share during the third quarter of fiscal year 20