Aixtron
Encyclopedia
Aixtron SE is a German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

-based technology
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...

 company which specialises in manufacturing metalorganic chemical vapour deposition
Metalorganic vapour phase epitaxy
Metalorganic vapour phase epitaxy , also known as organometallic vapour phase epitaxy or metalorganic chemical vapour deposition , is a chemical vapour deposition method of epitaxial growth of materials, especially compound semiconductors, from the surface reaction of organic compounds or...

 (MOCVD) equipment for clients in the semiconductor industry
Semiconductor industry
The semiconductor industry is the aggregate collection of companies engaged in the design and fabrication of semiconductor devices. It formed around 1960, once the fabrication of semiconductors became a viable business...

. The company's shares are listed on the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...

 with ADRs
American Depositary Receipt
An American depositary receipt is a negotiable security that represents the underlying securities of a non-U.S. company that trades in the US financial markets...

 on the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

, and it is a constituent of the TecDAX
TecDAX
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.The TecDax was introduced on 24 March 2003...

 index.

History

Aixtron was founded as a spin-out
Spin out
A spin-out, also known as a spin-off or a starburst, refers to a type of corporate action where a company "splits off" sections of itself as a separate business....

 industry from RWTH Aachen University in 1983. The company listed on the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...

's now-defunct Neuer Markt in November 1997. Since going public the company has made several acquisitions
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...

, with the Scientific Equipment Division of the British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 company Thomas Swan
Thomas Swan
Thomas Walter Swan was a longtime Judge of the United States Court of Appeals for the Second Circuit.Swan was born and raised in Connecticut, and attended Yale University and Harvard Law School. He then practiced law in Chicago from 1903 to 1916, when he became the Dean and a professor at Yale...

 & Co. and the Swedish
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

 chemical vapor deposition
Chemical vapor deposition
Chemical vapor deposition is a chemical process used to produce high-purity, high-performance solid materials. The process is often used in the semiconductor industry to produce thin films. In a typical CVD process, the wafer is exposed to one or more volatile precursors, which react and/or...

 equipment maker Epigress AB both purchased in 1999.

The company completed a €118 million merger with American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 rival Genus, Inc. in March 2005 and bought British nanomaterial
Nanomaterials
Nanomaterials is a field that takes a materials science-based approach to nanotechnology. It studies materials with morphological features on the nanoscale, and especially those that have special properties stemming from their nanoscale dimensions...

 developer Nanoinstruments Ltd., a company spun out from the University of Cambridge
University of Cambridge
The University of Cambridge is a public research university located in Cambridge, United Kingdom. It is the second-oldest university in both the United Kingdom and the English-speaking world , and the seventh-oldest globally...

, in 2007.

In December 2010 the company converted from a German Aktiengesellschaft
Aktiengesellschaft
Aktiengesellschaft is a German term that refers to a corporation that is limited by shares, i.e. owned by shareholders, and may be traded on a stock market. The term is used in Germany, Austria and Switzerland...

 to a Societas Europaea to reflect its European and international nature.

Operations

91% of Aixtron's revenue
Revenue
In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover....

s come from clients in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

, with around 4% coming from Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

 and the remainder from the United States. The company produces metalorganic chemical vapour deposition
Metalorganic vapour phase epitaxy
Metalorganic vapour phase epitaxy , also known as organometallic vapour phase epitaxy or metalorganic chemical vapour deposition , is a chemical vapour deposition method of epitaxial growth of materials, especially compound semiconductors, from the surface reaction of organic compounds or...

 equipment, used for making a range of electronic and opto-electronic
Optoelectronics
Optoelectronics is the study and application of electronic devices that source, detect and control light, usually considered a sub-field of photonics. In this context, light often includes invisible forms of radiation such as gamma rays, X-rays, ultraviolet and infrared, in addition to visible light...

 products containing compound
Compound semiconductor
A compound semiconductor is a semiconductor compound composed of elements from two or more different groups of the periodic table . These semiconductors typically form in groups 13-16 ,...

, organic
Organic semiconductor
An organic semiconductor is an organic material with semiconductor properties. Single molecules, short chain and organic polymers can be semiconductive. Semiconducting small molecules include the polycyclic aromatic compounds pentacene, anthracene, and rubrene...

 and silicon-based semiconductors as well as nanotube
Carbon nanotube
Carbon nanotubes are allotropes of carbon with a cylindrical nanostructure. Nanotubes have been constructed with length-to-diameter ratio of up to 132,000,000:1, significantly larger than for any other material...

s and nanofiber
Nanofiber
Nanofibers are defined as fibers with diameters less than 1000 nm nanometers. They can be produced by interfacial polymerization and electrospinning...

s.

Many Aixtron systems use a "planetary reactor" process whereby gas
Gas
Gas is one of the three classical states of matter . Near absolute zero, a substance exists as a solid. As heat is added to this substance it melts into a liquid at its melting point , boils into a gas at its boiling point, and if heated high enough would enter a plasma state in which the electrons...

eous semiconductor substances are deposited on revolving wafer
Wafer (electronics)
A wafer is a thin slice of semiconductor material, such as a silicon crystal, used in the fabrication of integrated circuits and other microdevices...

s, while others utilise a close coupled "shower head
Shower
A shower is an area in which one bathes underneath a spray of water.- History :...

" method of deposition.
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