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The merger of the chip equipment giants will combine Novellus' thin-film application process with Lam's etching of the film to define chip's final function.
A former employee says he was harassed and fired after complaining about another employee's singing along to lyrics that included racial epithets.
The chip-equipment maker keeps its word, surpassing estimates with earnings of 40 cents a share.
In a mid-quarter report, the maker of chip-manufacturing equipment sticks to its earlier prediction of earnings of 40 cents per share on second-quarter revenue of $379 million.
The chip-equipment maker tops analysts' estimates even though shipments and orders drop precipitously from the prior quarter.