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Article: Applied Materials buys coating firm: IT WILL PAY $464 MILLION TO ENTER SOLAR MARKET.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- May 5, 2006
CopyrightCOPYRIGHT 2006 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Dean Takahashi
May 5--Edging its way into the hot market for solar technology, semiconductor-equipment maker Applied Materials agreed to buy Applied Films on Thursday for $464 million. Applied Films, based in Longmont, Colo., makes equipment that deposits thin layers of molecules on devices. The equipment is used to make flat-panel displays, solar cells, flexible electronics and coated, energy-efficient glass. Under the deal, Santa Clara-based Applied Materials will pay $28.50 a share in cash. Since Applied Films has $161 million in its own coffers, the net purchase price is $303 million. Applied Materials will assume Applied Films' stock options and ...
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Article: Applied Materials' Executive Tom Edman Elected ...
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... ... business development at Applied Materials, replaces Dr. Michael ... Board Members As Applied Materials' Corporate Vice ... Prior to joining Applied Materials, Edman was president & CEO of Applied Films, a capital equipment ...
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