ASML/SVGI: ASM Lithography Buys Rival Silicon Valley Group

 

ASM Lithography(ASML Quote) agreed to buy one of its biggest rivals, Silicon Valley Group(SVGI Quote) for $1.6 billion in stock, creating the leading provider of lithography equipment. Lithography projection systems are essential to the fabrication of integrated circuits made by the chip industry.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,414.14 1,114.05 2,237.66 36.82
Oil *
72.73
UP
85.25
UP
11.58
UP
25.97
UP
1.36
10 Yr
3.68%
SPDR Gold
106.95
+0.83%
+1.05%
+1.17%
+3.84%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services