AMAT

Applied Materials has announced a definitive agreement to acquire NEXX, a semiconductor equipment maker. The deal represents a confirmed M&A transaction in the semiconductor capital equipment space. No financial terms were disclosed in the article.

Applied Materials has entered into a definitive agreement to acquire the NEXX business from ASMPT Limited (HKEX: 0522). NEXX is a supplier of large-area advanced packaging deposition equipment, and the deal is intended to expand Applied's panel-level advanced packaging portfolio targeting AI accelerator applications. No financial terms were disclosed in the announcement.