Samiksha Jaiswal (Editor)

Rudolph Technologies, Inc.

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Type
  
Public

Founded
  
1940

Number of employees
  
~580 (2016)

Rudolph Technologies, Inc. httpsmediaglassdoorcomsqll9815rudolphtech

Traded as
  
NYSE: RTEC S&P 600 Component

Industry
  
Semiconductor Equipment & Materials

Products
  
Semiconductor wafer processing, Semiconductor final manufacturing, Data Storage, Compound semiconductor manufacturing, Flat Panel Display, Micro-Electro-Mechanical Systems (MEMS) manufacturing, Research and development.

Revenue
  
$221.7 million USD (2015)

Stock price
  
RTEC (NYSE) US$ 21.85 +0.20 (+0.92%)23 Mar, 4:01 PM GMT-4 - Disclaimer

CEO
  
Paul F. McLaughlin (Jun 1996–)

Headquarters
  
Flanders, New Jersey, United States

Subsidiaries
  
August Technology Corp

Rudolph Technologies, Inc. (NYSE: RTEC) is a provider of process characterization equipment and software for semiconductor, data storage, flat panel display and micro-electro-mechanical system (MEMS) manufacturing industries. The company’s product offering includes automated defect inspection and metrology systems, probe card test and analysis systems, and lithography step-and-repeat systems. In addition, Rudolph provides a broad range of software products designed to improve yield, control processes and reduce manufacturing costs.

Contents

Rudolph Research: 1940-1995

Rudolph Technologies, Inc. (RTI) traces its origins back to 1940, when Otto Curt Rudolph initially formed the company and called it O.C. Rudolph & Sons, Inc. Originally an importer of microscopes and scientific instruments, this RTI predecessor was renamed in October 1970 to Rudolph Research Corporation. The company designed optical equipment for laboratories and universities.

The company Otto Rudolph established continued to evolve, making breakthroughs in ellipsometry including the first production-oriented ellipsometer for thin, transparent film measurements. The company continued development of its metrology products, securing new patents along the way.

Formation of Rudolph Technologies: 1996-1999

In June 1996, Richard Spanier, Ph.D., chief executive officer of Rudolph Research, forged a partnership agreement with Boston-based Riverside Partners and New York-based Liberty Partners who, along with others, invested in the company. At that time, Dr. Spanier retired his active role in the company and semiconductor industry veteran Paul F. McLaughlin was named as CEO. In August 1999, the name of the company was changed to Rudolph Technologies, Inc.

In November 1999, RTI made its initial public offering of common stock. Revenues grew dramatically, reaching a record $38.1 million. A new facility opened early in the year, and the company launched a new product, the MetaPULSE® line of copper film measurement tools.

Rudolph Technologies: 2000-present

In July 2002, RTI agreed to acquire the Richardson, Texas-based defect control company ISOA, Inc. A spin-off from Texas Tech University’s International Center for Informatics Research, ISOA had been licensing technology to the semiconductor industry for about 16 years, offering defect detection software. The deal was completed in September, with ISOA becoming RTI’s Yield Metrology Group.

Several months later, RTI expanded into China by establishing an office in Shanghai’s Pudong industrial area. In subsequent years, the company established additional offices in all semiconductor manufacturing regions of the world including Japan, Europe, South Korea, Taiwan and Singapore.

In 2006, a merger was completed with Minnesota-based August Technology Corporation, growing Rudolph’s workforce to 550 employees. This acquisition brought Rudolph into the ‘back-end’ of the manufacturing process.

In 2007, the company acquired the semiconductor business of Washington-based Applied Precision LLC, adding probe card test and analysis to the company’s portfolio. The acquisition of RVSI Inspection LLC and its Wafer Scanner inspection system was announced in 2008. Adventa Control Technologies, Inc., a provider of process control software, was acquired in 2009, and an acquisition of MKS Instruments, Inc.’s Yield Dynamics business was completed in 2010. Rudolph announced two acquisitions in 2012. NanoPhotonics GmbH, Mainz, Germany (unpatterned wafer inspection); and Azores Corp., Wilmington, MA (Rudolph's entry into the advanced packaging and FPD lithography markets). In 2013 Rudolph announced the acquisition of selected assets of Tamar Technology, Newbury Park, CA, a supplier of 3D metrology technologies. Rudolph acquired the inspection technology of Stella Alliance in 2015, adding patents to enhance its inspection capability.

As of January 19, 2017, Rudolph Technologies Inc. had a market capitalization of about $713 million.

The company is now headquartered in Wilmington, Massachusetts, with additional U.S. operations in New Jersey, Minnesota, Massachusetts, Texas, New York, Washington and California. Manufacturing operations for inspection and metrology products are consolidated in Minnesota; stepper manufacturing is located in Wilmington, Massachusetts.

Semiconductor Fabrication, Packaging and Test

Semiconductor device fabrication is the process used to create the integrated circuits that are found in commonly used electronic devices and electrical equipment. It is a multiple-step process during which electronic circuits are gradually built by adding elements and layers of material on a substrate made of pure silicon, or various compounds in the case of specialized applications, hundreds of steps performed by specialized process tools are required before the wafer moves to a final packaging facility.

The focus of packaging and assembly is to ensure an electrical connection from the die to the circuit board, to encapsulate the package for mechanical integrity and to withstand thermal variations. The era of slim form-factor devices, such as smart phones, implies high level of functionality in very dense footprint. Due to these requirements, the challenges in packaging, assembly and test have significantly increased and advanced packaging techniques such as bumping or through-silicon via are necessary.

Inspection Systems

Chip manufacturers deploy advanced macro-defect inspection throughout the fab to monitor key process steps, gather process-enhancing information and ultimately, lower manufacturing costs. Rudolph tools such as the NSX® and the F30™ inspection systems, are found in wafer processing (front-end) and final manufacturing (back-end) facilities around the world. These high-speed tools incorporate features such as waferless recipe creation, tool-to-tool correlation and multiple inspection resolutions. In addition to wafer frontside inspection, Rudolph's Explorer® Platform incorporates wafer edge and backside inspection in one integrated platform to enhance productivity and continuously improve fab yield. 3D metrology technologies were added to the NSX inspection platform in 2013 to combine 2D inspection with 3D metrology for a singular 2D/3D system for advanced packaging applications. Using products such as Discover® yield management software, the data gathered through automated inspection and metrology can be analyzed and classified to determine trends that ultimately affect yield.

Metrology Systems

Rudolph's patented transparent film technology uses up to four lasers operating simultaneously at multiple angles and multiple wavelengths, providing powerful analysis and measurement capabilities. Laser light sources make metrology tools inherently stable, increase measurement speed and accuracy, and reduce maintenance costs by minimizing the time required to re-qualify a light source when it is replaced. Rudolph's S3000S™ System employs a proprietary reflectometer technology that allows the characterization of films and film stacks that cannot be performed using conventional reflectometry or ellipsometry alone.

For opaque film characterization, the MetaPULSE® System can simultaneously measure the thickness and other properties of up to six metal or other opaque film layers in a non-contact manner on product wafers. PULSE Technology™ uses an ultra-fast laser to generate sound waves that pass down through a stack of opaque films such as those used in copper or aluminum interconnect processes, sending back to the surface an echo that indicates film thickness, density, and other process critical parameters. This technology is ideal for characterizing copper interconnect structures.

Process Control Software

Rudolph offers a portfolio of process control software solutions for semiconductor manufacturing. The products are designed to integrate into existing factory systems to improve profitability and optimize manufacturing processes. Rudolph’s software products include yield analysis, data mining, processing modeling, fault detection and classification, run-to-run control, automated defect classification and factory automation.

Lithography Systems

Advanced packaging manufacturers have unique challenges required of the photolithography process. Since most packaging is an additive process, thick films are used to enable the creation of features. In order for equipment to effectively function in this environment, it must effectively meet these challenges. The Rudolph JetStep Lithography System has been specifically designed to include features that address these challenges.

Rudolph also manufactures high resolution photolithography equipment for the Flat Panel Display industry. Manufacturers seek to effectively present graphics such as detailed maps, high resolution photos and streaming video in order to meet user expectations. Rudolph’s JetStep G Series uses high-fidelity optics and the largest printable stepper field available.

References

Rudolph Technologies, Inc. Wikipedia