KLA Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

Related Party Transactions

3 Months Ended

Sep. 30, 2018

NOTE 16 – RELATED PARTY TRANSACTIONS

During the three months ended September 30, 2018 and 2017 , the Company purchased from, or sold to, several entities, where one or more executive officers of the Company or members of the Company’s Board of Directors, or their immediate family members, were, during the periods presented, an executive officer or a board member of a subsidiary, including Citrix Systems, Inc., Integrated Device Technology, Inc., Keysight Technologies, Inc., MetLife Insurance K.K., NetApp, Inc., and Proofpoint, Inc. The following table provides the transactions with these parties for the indicated periods (for the portion of such period that they were considered related):



	Three months ended September 30,
(In thousands)	2018		2017
Total revenues	$	2	$	2
Total purchases ⁽¹⁾	$	603	$	704

__________________

(1)

During the three months ended June 30, 2018 , the Company acquired a product line from Keysight Technologies, Inc. (“Keysight”) and entered into a transition services agreement pursuant to which Keysight provides certain manufacturing services to the Company. See Note 6 “Business Combinations” for additional details. The Company recorded the manufacturing services fees under the transition services agreement with Keysight within cost of revenues, which was immaterial for the three months ended September 30, 2018 .

The Company’s receivable balance from these parties were $0.2 million as of September 30, 2018 and immaterial as of June 30, 2018 . The Company’s payable balance from these parties were immaterial as of September 30, 2018 and June 30, 2018 .