ASML To Buy Brion Tech for $270 Million

ASML Holding NV (Nasdaq: ASML) has agreed to acquire Brion Technologies Inc., a Santa Clara, Calif.-based provider of semiconductor design and wafer manufacturing optimization solutions for advanced lithography. The deal is valued at approximately $270 million in cash. Brion has raised around $28 million in total VC funding, including an $8 million Series A round in 2002 at a post-money valuation of approximately $15 million. Backers include JPMorgan Partners, Jafco Ventures, Mohr Davidow Ventures, Morgenthaler Ventures, < ?xml:namespace prefix = st1 />Stanford University, U.S. Venture Partners and WK Associates.