Aug 29 2007
Applied Materials, Inc. today announced an agreement to purchase from BOC Edwards, Inc. certain assets of its Kachina semiconductor equipment parts cleaning and refurbishment business for an undisclosed sum. The acquisition will complement and expand Applied’s existing Chamber Services network of facilities that provide customers worldwide with state-of-the-art technology and support for maintaining their chamber components.
“This acquisition will enhance Applied’s position as the leading global service provider of critical parts cleaning, coating, refurbishment and analytical technologies to the semiconductor industry,” said Mark Stark, general manager of Applied’s Fab Operation Services division. “Kachina has more than 15 years of experience and knowledge in parts cleaning and coating and has an excellent reputation with its customers for delivering quality products. Building on our extensive global infrastructure, this strategic investment will add to Applied’s fab-wide service offerings and increase our capacity to deliver world-class chamber performance management to customers internationally.”
Included in the transaction are Kachina’s operations at facilities in Austin, Texas; Phoenix, Arizona; and Hillsboro, Oregon, as well as Kachina’s on-site service operations at customer sites in Israel, Ireland and the state of Virginia. All the assets to be acquired are expected to be integrated within the Applied Global Services organization. Applied currently owns and operates parts cleaning service facilities throughout North America and in Europe, Israel, Taiwan, Singapore and China.
The transaction, which is subject to certain closing conditions, is anticipated to close within 30 days.