07-06-2014, 10:52 PM
A piece of old news - Luong did sell away one of his business to AMAT back in 2006
(vested)
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Applied acquires parts cleaning supplier
Mark LaPedus
5/10/2006
SAN JOSE, Calif. — Continuing to expand its service offerings, Applied Materials Inc.’s Metron Technology unit on Wednesday (May 10) acquired UMS Solutions Pte. Ltd.’s parts cleaning and recycling business in Singapore for $9.28 million.
UMS Solutions is a subsidiary of Singapore’s Norelco UMS Holdings Ltd., a contract equipment manufacturer.
The acquisition will expand Metron's service capabilities in Southeast Asia. The acquisition of these assets from UMS Solutions will allow Metron to expand and upgrade its existing cleaning, coating, refurbishment and kitting services in Singapore.
The newly acquired Singapore business will be operated as part of Metron, a subsidiary of chip-equipment giant Applied Materials. Metron currently owns and operates parts cleaning service facilities throughout North America and in Europe, Israel, Taiwan and Singapore.
"The acquisition enhances Metron's position as the leading global service provider of critical parts cleaning, coating, refurbishment and analytical technologies to the semiconductor industry," said Werner Finsterbusch, general manager of Metron Technology, in a statement. "This strategic investment builds on our recent acquisition of ChemTrace by expanding our fab-wide service capability and enhancing Metron's ability to deliver state-of-the-art service technology to customers worldwide."
As reported last year, Applied Materials’ subsidiary Metron agreed to purchase all of the outstanding shares of privately held ChemTrace, an established provider of critical-component cleaning, for an undisclosed cash amount.
In a move to expand its service business, Applied Materials (Santa Clara, Calif.) in 2004 acquired the operating subsidiaries and businesses of Metron Technology N.V. for $85 million.
Besides service and support, Applied has also been expanding into new markets. For example, in a major move into the solar-cell and other equipment markets, Applied Materials last week announced a definitive agreement to acquire Applied Films Corp. for $464 million in cash.
http://www.eetimes.com/document.asp?doc_id=1161320
(vested)
________________________________________________________________________________________________________________
Applied acquires parts cleaning supplier
Mark LaPedus
5/10/2006
SAN JOSE, Calif. — Continuing to expand its service offerings, Applied Materials Inc.’s Metron Technology unit on Wednesday (May 10) acquired UMS Solutions Pte. Ltd.’s parts cleaning and recycling business in Singapore for $9.28 million.
UMS Solutions is a subsidiary of Singapore’s Norelco UMS Holdings Ltd., a contract equipment manufacturer.
The acquisition will expand Metron's service capabilities in Southeast Asia. The acquisition of these assets from UMS Solutions will allow Metron to expand and upgrade its existing cleaning, coating, refurbishment and kitting services in Singapore.
The newly acquired Singapore business will be operated as part of Metron, a subsidiary of chip-equipment giant Applied Materials. Metron currently owns and operates parts cleaning service facilities throughout North America and in Europe, Israel, Taiwan and Singapore.
"The acquisition enhances Metron's position as the leading global service provider of critical parts cleaning, coating, refurbishment and analytical technologies to the semiconductor industry," said Werner Finsterbusch, general manager of Metron Technology, in a statement. "This strategic investment builds on our recent acquisition of ChemTrace by expanding our fab-wide service capability and enhancing Metron's ability to deliver state-of-the-art service technology to customers worldwide."
As reported last year, Applied Materials’ subsidiary Metron agreed to purchase all of the outstanding shares of privately held ChemTrace, an established provider of critical-component cleaning, for an undisclosed cash amount.
In a move to expand its service business, Applied Materials (Santa Clara, Calif.) in 2004 acquired the operating subsidiaries and businesses of Metron Technology N.V. for $85 million.
Besides service and support, Applied has also been expanding into new markets. For example, in a major move into the solar-cell and other equipment markets, Applied Materials last week announced a definitive agreement to acquire Applied Films Corp. for $464 million in cash.
http://www.eetimes.com/document.asp?doc_id=1161320