AMAT · 8-K · 20261026PR067303

Acquisition / Partnership / Divestiture

APPLIED MATERIALS INC /DE · 2026-10-26 · Importance 34 · Surprise 42 · In source text

Applied Materials agreed to purchase additional shares of BE Semiconductor Industries (Besi), increasing its stake to approximately 20% of Besi’s outstanding shares; the purchase would add to Applied’s initial investment made in April 2025. Applied entered into an accelerated share purchase agreement, and delivery of the shares is subject to expiration or termination of the applicable Hart-Scott-Rodino Act waiting period. The investment supports an expanded strategic collaboration that began in 2020 and now includes Besi as an Innovation Partner at Applied’s EPIC Center, with work spanning hybrid bonding, next-generation interconnect architectures, and 3D IC scaling. Applied said it views the investment as long term, has no current intention to increase its stake beyond approximately 20%, and does not intend to seek board representation at Besi.

Key facts

• Applied Materials entered into an agreement to increase its investment in BE Semiconductor Industries to approximately 20% of Besi’s outstanding shares. source
• Applied Materials entered into an accelerated share purchase agreement for Besi shares. source
• Delivery of the Besi shares to Applied Materials is subject to expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. source

Impact estimates