Featured Articles

Analyst reveals Apple Watch spec

Analyst reveals Apple Watch spec

An analyst has examined the Apple Watch supply chain in an effort to ascertain the exact spec of Cupertino’s new gadget…

More...
Nvidia's first 20nm product is a mobile SoC

Nvidia's first 20nm product is a mobile SoC

For much of the year we were under the impression that the second generation Maxwell will end up as a 20nm…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 18 October 2012 08:15

ASML buys Cymer for $2.5 billion

Written by Nick Farrell



Needs EUV breakthrough


Dutch chip equipment maker ASML is buying U.S. group Cymer in a $2.5 billion deal in a bid to develop new  extreme ultraviolet (EUV) semiconductor lithography.

ASML said that the cash-and-shares acquisition would speed up the development of extreme ultraviolet (EUV) semiconductor lithography. Upgrading its machines to produce these smaller, faster chips is a key concern for the company. In July, it sold a 23 percent stake to its three biggest customers, Intel, Samsung Electronics and Taiwan Semiconductor Manufacturing, to help finance research into the technology behind its new equipment.

Both ASML and Cymer have both been working on EUV technology but thinks are proving too slow. AMSL chief financial officer Peter Wennink told Digitimes that combining the two companies will definitely speed up the development of EUV. Cymer shareholders will receive $20 in cash per Cymer share plus 1.1502 ASML shares.

ASML will pay the $630 million cash component from its 3 billion euros of available reserves and issue new shares for the rest, an ASML spokesman said. The deal might have a few problems with antitrust watchdogs since Japan's Nikon, a key AMSL competitor in lithography is a Cymer customer.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments