Applied is to buy Kokusai Electric from private equity fund KKR for $2.2 billion in cash. Kokusai provides batch processing systems and services for memory, foundry and logic customers. These systems complement Applied’s portfolio in single-wafer processing systems. Kokusai has strong customer relationships, world-class supply chain and manufacturing capabilities in Japan and Asia, and a talented team of ...

This story continues at Applied buys Kokusai

Or just read more coverage at Electronics Weekly