into a separate company, ORPRO Vision GmbH. The company sells self-contained machines for production line inspection in the automotive electronics, telecommunication, aerospace, medical and industrial electronics industries. In September 2011, Orbotech's subsidiary Orbograph diversified into healthcare revenue cycle management through the acquisition of Correct Claims Now, a company providing healthcare payments processing services. In July 2014, Orbotech acquired British company SPTS Technologies, a manufacturer of equipment used to produce Micro ElectroMechanical Systems (MEMS) and semiconductor devices, for total consideration of $371 million. In March 2018, semiconductor company KLA-Tencor announced that it would buy Orbotech for a price of $38.86 in cash and 0.25 of a share of KLA-Tencor common stock in exchange for each ordinary share of Orbotech, implying a total consideration of approximately $69.02 per share, a 10% premium on the share price. In February 2019 KLA completed the acquisition of Orbotech. See also Automated optical inspection Elron Electronic Industries Ormat Industries Silicon Wadi References Electronics companies of Israel Semiconductor companies of Israel Companies listed on the Nasdaq Yavne