# ASML acquires 24.9% stake in Carl Zeiss SMT

Carl Zeiss is selling 24.9% of its subsidiary SMT to Dutch equipment maker ASML for €1 billion in cash, with ASML also investing around €760 million in SMT. The deal is subject to antitrust approval.

- Type: Acquisition
- Announced: 2016-11-04
- Where: Germany
- Value: $1.10B (1.00B EUR)
- Status: announced
- Products: EUV lithography systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ASML](https://endata.com/companies/18428.md) (acquirer)
- [Carl Zeiss AG](https://endata.com/companies/18540.md) (partner)
- [Carl Zeiss SMT](https://endata.com/companies/19560.md) (target)

## Sources

- [juve.de](https://www.juve.de/deals/mikrochips-niederlaender-steigen-mit-gleiss-lutz-bei-carl-zeiss-tochter-ein/), 2016-11-04: "Gemeinsam wollen sie die Entwicklung sogenannter EUV-Lithografie-Systeme vorantreiben, um die Produktionskosten in der Halbleiterindustrie zu senken."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.