Applied Materials announced it has entered into an accelerated share purchase agreement to increase its strategic investment in BE Semiconductor Industries N.V. (Besi). This transaction will bring Applied's total ownership to approximately 20% of Besi's outstanding shares, reinforcing the companies' long-term partnership in advanced semiconductor packaging technologies for AI applications.
Key Details
- Agreement: Entered into an accelerated share purchase agreement on October 26, 2026, to acquire additional shares of BE Semiconductor Industries (Besi).
- Ownership Stake: The purchase will increase Applied's total ownership in Besi from a position established in April 2025 to approximately 20% of outstanding shares.
- Strategic Rationale: The investment aims to strengthen a long-term collaboration in advanced packaging, focusing on hybrid bonding and next-generation interconnects to support the AI industry's scaling roadmap.
- Contingency: The delivery of shares is subject to the expiration or termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.