Shares of Therma-Wave ( TWAV) were among technology's winners Monday, soaring 29% after the semiconductor technology company agreed to be acquired by KLA-Tencor ( KLAC). KLA-Tencor will pay about $75 million in cash, or $1.65 a share. The price represents a 32% premium to Therma-Wave's Friday closing price of $1.25. The deal is expected to close during the first quarter of 2007. Shares of Therma-Wave were trading up 36 cents to $1.61, while shares of KLA-Tencor were adding 75 cents to $50.90. Telestone Technologies ( TSTC) jumped 12% after the provider of wireless communication products won contracts from four regional telecom operators in China. The new business will come from two subsidiaries of China Telecom ( CHA), a unit of China Unicom ( CHU), and China Netcom ( CN). Financial details weren't released. Shares of Telestone were up 97 cents to $9.36. Syntax-Brillian ( BRLC) rose 1% after the maker of high-definition televisions estimated fourth-quarter revenue well above Wall Street's expectation. The company expects to post revenue of more than $240 million, while analysts' average forecast called for revenue of $190.8 million. The company also said that gross margins would be in the top half of its previously projected range of 15% to 17%. Shares were trading up 11 cents to $10.85. Shares of Nu Horizons Electronics ( NUHC) slid 7% after the electronic-components distributor posted disappointing third-quarter results. For the period ended Nov. 30, the company earned $2.4 million, or 13 cents a share, on revenue of $186.1 million. Analysts polled by Thomson First Call expected earnings of 18 cents a share and revenue of $193.8 million. A year earlier, Nu Horizons earned $1.5 million, or 8 cents a share, on revenue of $147.5 million. Despite the big year-year-over jump in sales, sequential sales were down. Nu Horizons said the decline related to "a substantial customer-specific decrease" in its systems business. It also blamed the shortfall on "market weakness related to some end customer and manufacturing channel inventory builds." Shares were trading down 68 cents to $9.52.