AMAT · 8-K · 20261026PR067303

Acquisitions and Partnerships

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

Applied Materials entered into an accelerated share purchase agreement to increase its investment in BE Semiconductor Industries (Besi) to approximately 20% of Besi’s outstanding shares, adding to its investment first made in April 2025. The share delivery is subject to expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The companies’ collaboration, begun in 2020 and expanded with Besi joining Applied’s EPIC Center as an Innovation Partner, covers hybrid bonding, next-generation interconnect architectures, 3D IC scaling, logic and memory integration, and die-on-wafer, die-on-die, and die-on-panel platforms. Applied describes the investment as long term, has no current intention to invest beyond approximately 20%, and does not intend to seek board representation at Besi.

Key facts

• Applied Materials currently has no intention to increase its investment in Besi beyond approximately 20%. source
• Applied Materials does not intend to seek board representation at Besi. source
• Applied Materials views its investment in Besi as long term. source
• Applied Materials initially invested in Besi in April 2025. source
• Applied Materials and Besi’s strategic collaboration began in 2020. source