Applied Materials Raising Investment In BE Semiconductor Industries To ~20% Of Outstanding BE's Common Stock
Applied Materials, Inc. (Nasdaq: AMAT) today announced it is increasing its investment in BE Semiconductor Industries N.V. (Besi) (Euronext Amsterdam: BESI), a leading manufacturer of assembly equipment for the
Applied Materials is buying more ownership in another company called BE Semiconductor. When a big company bets more money on a smaller company, it shows confidence in that business growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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