Industry
Applied Materials to acquire ASMPT subsidiary NEXX
Applied Materials will acquire ASMPT\'s NEXX business unit to expand its advanced packaging capabilities, the company said on Wednesday. NEXX makes large-area advanced packaging deposition equipment for the semiconductor industry. The acquisition will give Applied Materials access to NEXX\'s panel-level electrochemical deposition technology. The deal is expected to close in the coming months, subject to customary conditions, and does not require separate regulatory approval.
