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General

ASML to buy Hermes Microvision for EUR 2.75 billion

Thursday 16 June 2016 | 10:26 CET | News
ASML, a provider of lithography systems for the semiconductor industry, has agreed to acquire Hermes Microvision for TWD 100 billion (EUR 2.75 billion). The two companies are already developing joint approaches that IC manufacturers can use to improve yields in the production of the most advanced microchips. The combination will allow ASML and HMI to further integrate and enhance their product offering at an accelerated pace, they said. ASML will pay TWD 1,410 per share in cash, equal to a premium of 31 percent over Hermes's 30-day volume-weighted average price. The transaction is expected to

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Categories: General
Companies: ASML
Countries: World
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