Europe's Infineon
By Shannon Roxborough on May 6, 2011
Tags: Applied Materials Inc., Europe's Infineon, Intel, Varian Semiconductor Equipment Associates, China, India, Korea, USD, Applied Materials, Intel, photovoltaic solar panels, semiconductor chips, solar manufacturing, solar panels, Varian, energy, equipment, machinery, manufacturing, Massachusetts, mobile device, semiconductor, Southeast Asia
Applied Materials Inc. (Nasdaq: AMAT), the world's largest provider of equipment used to manufacture both solar photovoltaic panels and computer chips, has announced plans to purchase Gloucester, Mass.-based Varian Semiconductor Equipment Associates, a leading maker of ion-implantation systems—which are used to build the transistors for solar panels, long-lasting, energy-efficient LED technology and mobile device chips—for $4.9 billion.
