Israeli Orbotech firm sold for $3.4 billion | ynet

Following Mobileye sale, Israeli semiconductor equipment maker Orbotech sold to American firm KLA-Tencor for $3.4 billion; company employs 2,500 people, said to keep its Yavne headquarters; ‚Orbotech will continue operating as a single unit under the Orbotech brand,‘ says company CEO Asher Levy.