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Lam Research won’t occupy one of two new buildings in Livermore(0)

lam-reserearch-logoLam Research has decided it won’t occupy one of two new buildings in Livermore that it agreed to lease from BNP Paribas in December 2007. As of the end of 2008, Lam had $170.2 million in restricted cash and short-term investments set aside as collateral required under the lease agreements, according to the company’s May 8 quarterly financial filing with the SEC.

Lam, which is also in the process of laying off Read the rest of this entry »

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