# ASMPT completes acquisition of TEL NEXX from Tokyo Electron

ASM Pacific Technology Ltd. (ASMPT) completed its acquisition of TEL NEXX, Inc from Tokyo Electron Limited on 1 October 2018. TEL NEXX will be subsumed under the Back-End Equipment segment of ASMPT.

- Type: Acquisition
- Announced: 2018-10-02
- Status: completed
- Products: electrochemical deposition equipment, physical vapor deposition equipment, semiconductor packaging 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/asmpt-well-positioned-to-leverage-high-growth-with-nexx-purchase/), 2018-10-02: "With the TEL NEXX acquisition, ASMPT is now uniquely positioned as the integral 'Interconnect' company offering a one-stop shop of interconnect solutions."

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