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Acquisition provides Applied with complementary, leadership batch wafer processing systems business.
July 2, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. announced a definitive agreement under which Applied will acquire all outstanding shares of Kokusai Electric Corporation for $2.2 billion in cash from global investment firm KKR. Kokusai Electric is a leading company in providing high-productivity batch processing systems and services for memory, foundry and logic customers. These systems complement Applied’s leadership portfolio in single-wafer processing systems. Kokusai Electric has strong customer relationships, w...
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