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Novellus Systems, Inc. (NVLS)

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43.04 Up 0.84(1.99%) May 25, 4:00PM EDT|After Hours: 43.04 0.00 (0.00%) May 25, 4:28PM EDT

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Novellus Systems, Inc.
4000 North First Street
San Jose, CA 95134
United States - Map
Phone: 408-943-9700
Fax: 408-943-3422
Website: http://www.novellus.com

Details 
Index Membership:N/A
Sector:Technology
Industry:Semiconductor Equipment & Materials
Full Time Employees:N/A

Business Summary 

Novellus Systems, Inc., together with its subsidiaries, develops, manufactures, sells, and supports equipment used in the fabrication of integrated circuits. The company operates in two segments, Semiconductor Group and Industrial Applications Group. The Semiconductor Group segment provides equipment used in wafer processing, advanced wafer-level packaging, and light-emitting diode (LED) manufacturing. Its deposition systems use chemical vapor deposition (CVD), physical vapor deposition (PVD), and electrochemical deposition (ECD) processes to form transistor, capacitor, and interconnect layers in an integrated circuit; and High-Density Plasma CVD (HDP-CVD) and Plasma-Enhanced CVD (PECVD) systems employ chemical plasma to deposit dielectric material within the gaps formed by the etching of aluminum, or as a blanket film that can be etched with patterns for depositing conductive materials into the etched dielectric. This segment’s CVD Tungsten systems are used to deposit conductive contacts between transistors and interconnects; PVD systems are used to deposit conductive aluminum and copper metal layers by sputtering metal atoms; and Electrofil ECD systems are used for depositing copper to form the conductive wiring on integrated circuits using copper interconnects. The Industrial Applications Group segment provides grinding, lapping, and polishing equipment for fine-surface optimization. It offers products for use in the semiconductor and LED manufacturing, automotive, aerospace, medical, green energy, and glass and ceramics industries, as well as manufacturers of products, such as pumps, transmissions, compressors, and bearings. The company markets its products through direct sales force and manufacturer’s representatives primarily in Europe, the United States, Korea, Japan, China, Taiwan, and southeast Asia. Novellus Systems, Inc. was founded in 1984 and is headquartered in San Jose, California.

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Corporate Governance 
Novellus Systems, Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Richard S. Hill , 60
Chairman and Chief Exec. Officer
3.18M10.48M
Mr. John D. Hertz , 46
Chief Financial Officer, VP, Corp. Controller and Principal Accounting Officer
657.00K956.00K
Mr. Timothy M. Archer , 44
Chief Operating Officer
1.27M318.00K
Dr. Fusen E. Chen Ph.D., 53
Exec. VP of Semiconductor Systems Products
1.04M2.82M
Mr. Andrew J. Gottlieb , 45
VP, Gen. Counsel and Sec.
622.00K252.00K
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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