Applied Materials entered an accelerated share purchase agreement to acquire additional shares of BE Semiconductor Industries (Besi), bringing its total ownership to approximately 20% of Besi's outstanding common stock. This transaction builds upon Applied's initial investment made in April 2025 and reinforces a strategic partnership focused on advanced packaging technologies, including hybrid bonding and next-generation interconnect architectures for AI-driven scaling. The delivery of shares is contingent on the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. Applied Materials does not intend to seek board representation at Besi. Applied Materials provides materials engineering solutions for semiconductor and advanced display manufacturing.
