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

6 Months Ended

Dec. 31, 2018

NOTE 16 – RELATED PARTY TRANSACTIONS

During the three and six months ended December 31, 2018 and 2017 , we purchased from, or sold to, several entities, where one or more of our executive officers or members of our 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 December 31,				Six months ended December 31,
(In thousands)	2018		2017		2018		2017
Total revenues	$	11	$	455	$	13	$	457
Total purchases ⁽¹⁾	$	1,603	$	542	$	2,206	$	1,246

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(1)

During the three months ended June 30, 2018 , we 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 us. For additional details refer to Note 6, “Business Combinations”. We recorded the manufacturing services fees under the transition services agreement with Keysight within cost of revenues, which was immaterial for the three and six months ended December 31, 2018 .

Our receivable and payable balances from these parties were immaterial as of December 31, 2018 and June 30, 2018 .