Applied Materials

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.

Several CEO's of companies that are members of the RES Alliance for Jobs are scheduled to meet with top Senate leaders today to discuss strengthening the Renewable Electricity Standard (RES) in new energy and climate legislation that will be in play in the Senate this fall.&nb

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