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Applied Materials Looks to Acquire PVD and ALD Businesses

Jun 10 2008

Applied Materials, Inc. announced that it has made a non-binding proposal to ASM International N.V. for the possible acquisition by Applied Materials of the Atomic Layer Deposition and Chemical Vapor Deposition businesses of ASMI for a price up to a range of U.S. $400 million to U.S. $500 million, subject to due diligence. There is no assurance that a transaction will result from these discussions. Applied Materials undertakes no obligation to make any further disclosures regarding a possible transaction with ASMI.

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