LOGIN
REGISTER
NEWSLETTER
RSS
News |
Applied Materials to acquire Varian Semiconductor |
|
|
To add strength to its market position in the chip equipment segment, Applied Materials will acquire Varian Semiconductor. Applied Materials provides equipment, services and software to enable the manufacture of advanced  semiconductor, flat panel display and solar photovoltaic products. Applied will acquire Varian for $63 per share in cash, or approximately $4.9 billion for the entire deal, representing a 55 percent premium to Varian's closing price from a day ago or a 38 percent premium to Varian's 30-day average closing price. Varian is the leading supplier of ion implantation equipment used by chip makers around the world. Following the close of the transaction, Varian will operate as a business unit of Applied's Silicon Systems Group and continue to be based in Gloucester, Mass. The transaction is expected to be accretive to Applied's earnings on a non-GAAP basis in the first year. The acquisition, Applied Materials said in a statement, will extend its leadership in wafer fabrication equipment (WFE) with the addition of the technology leader in ion implantation - a critical step in integrated circuit manufacturing. The unified entity will provide customers with a broad product portfolio for transistor formation, enabling the manufacture of higher performance chips particularly for mobile applications with faster speeds and longer battery life. Additionally, Varian's technology can also potentially extend into Applied's adjacent markets, including solar, display and light emitting diodes. The Boards of Directors of both companies have approved the merger unanimously. Applied plans to fund the transaction with a combination of existing cash balances and debt, having secured a commitment for a $2 billion, one-year senior bridge loan facility and plans to arrange for long-term debt financing. |
LISTS AND RESEARCH
-
Global Software Top 100 - Edition 2011
- The Global Software Top 100 is a list of the world's largest software companies, ranked by annual software revenues. The list is based upon revenue information of 10,000+ IT companies worldwide.
-
Software industry trends (2011)
- This research article (accompanying the Global Software Top 100) describes changes in the software industry playing field. It analyses trends and key players and forecasts future developments.
- Top hardware companies
- A list of the world's largest hardware companies.
- What happens in the hardware industry?
- Trends and analysis of the hardware industry and its key players.
- Top IT services companies
- A list of the world's largest IT services companies, ranked by annual services revenues. This link will take you to www.servicestop100.org.
- IT services companies: healthy growth
- What is happening in the IT services industry? Read this research publication to find out about trends and key players in the IT services industry.
- Top gaming companies (2010)
- Entertainment is good business, and gaming software companies are growing faster than the rest of the software industry. This research article discusses trends and key players in the gaming business.
- Top ERP companies
- A research publication about the world's leading players in enterprise software.
- Top security software companies
- A research publication discussing the world's leading publishers of security software: antivirus-, spamfiltering-, intrusion detection- and firewall software.
- The fastest growing software companies
- This research publication reveals the fastest growing software companies in the world.
-
CRM companies: a short list
- A short list of the leading software companies selling Customer Relationship Management software; aimed at IT managers looking to purchase CRM software.
- Top software companies in the US (2010)
- A list of the largest software companies in the United States, ranked by annual software revenues. 2010 Edition, posted 15 December 2010.
- U.S. software industry trends (2010)
- A research publication discussing the trends and the key players in the software industry in the United States. Posted 15 December 2010.
- Top companies in the world (not just software)
- A general list of the largest companies in the world, ranked by revenues. Not just software companies; in fact, there are no software companies in it...
- Top IT companies
- A list of the largest IT companies in the world, ranked by annual revenues. Includes hardware, software and services.
