# ASM Pacific Technology to acquire TEL NEXX from Tokyo Electron

ASM Pacific Technology Ltd. signed a definitive agreement with Tokyo Electron Limited to acquire TEL NEXX, Inc., an industry leader in Electrochemical Deposition and Physical Vapor Deposition technologies for the advanced packaging market. The deal is expected to close upon regulatory approvals.

- Type: Acquisition
- Announced: 2018-04-03
- Where: United States
- Status: announced
- Products: electrochemical deposition equipment, physical vapor deposition equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ASM Pacific Technology](https://endata.com/companies/18453.md) (acquirer)
- [Tokyo Electron](https://endata.com/companies/23215.md) (partner)
- [TEL NEXX](https://endata.com/companies/31066.md) (target)

## Sources

- [asmpt.com](https://www.asmpt.com/en/news-center/press-releases/asm-pacific-technology-expands-its-product-portfolio/), 2018-04-02: "ASM Pacific Technology Ltd. (ASMPT) has announced today that it has signed a definitive agreement with Tokyo Electron Limited (TEL) to acquire TEL NEXX, Inc. (NEXX)."
- [asmpt.com](https://www.asmpt.com/en/investor-relations/news-events/asm-pacific-technology-expands-its-product-portfolio/), 2018-04-02: "ASM Pacific Technology Ltd. (ASMPT) has announced today that it has signed a definitive agreement with Tokyo Electron Limited (TEL) to acquire TEL NEXX, Inc. (NEXX)."

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