Home Applied Materials to Buy Tokyo Electron for $9.39 Billion After Chip Slump
 

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Applied Materials to Buy Tokyo Electron for $9.39 Billion After Chip Slump

2013-09-24 14:24:11| Electronics - Topix.net

Applied Materials Inc. , the largest supplier of chipmaking equipment, agreed to pay $9.39 billion in stock for rival Tokyo Electron Ltd. and plans to cut costs amid a slump in demand for semiconductors.

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