Israeli Tech Firm Orbotech Purchased For $3.4 Billion
JERUSALEM (JTA) — A California-based company is acquiring the tech firm Orbotech for $3.4 billion in what is reported to be one of the largest buyouts of an Israeli company. KLA-Tencor Corp., a manufacturer of semiconductor equipment, and Orbotech announced the deal on Monday. Orbotech, based in the central Israel city of Yavne, develops technologies…