Tokyo Electron

Networking technology supplier Cisco confirmed it intends to acquire US-based fabless semiconductor maker Luxtera in a $660 million deal, integrating its silicon photonics optical transceivers into Cisco's product range.

Hana Materials announced the first shipment of large-diameter silicon ingots (400mm+) from its new production line at the Baekseok plant. The ingots will be supplied to Tokyo Electron (TEL). The company plans to double production capacity by the first half of 2019.

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.

Tokyo Electron (TEL) announced plans to construct new manufacturing buildings at its subsidiary Tokyo Electron Technology Solutions' Yamanashi (Fujii) and Tohoku office sites to expand semiconductor equipment production capacity. The total construction cost is approximately JPY 26 billion (JPY 13 billion each).

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.

Tokyo Electron Ltd. will merge its wholly-owned subsidiaries Tokyo Electron Yamanashi Ltd. and Tokyo Electron Tohoku Ltd., with Tokyo Electron Yamanashi as the surviving company, effective July 1, 2017.