Applied Materials Acquires ASMPT NEXX Business
May 4, 2026
Applied Materials signed and later completed the acquisition of ASMPT NEXX, Inc.’s NEXX business from ASMPT Limited (via ASM Assembly Systems, LLC) for $120 million. The deal expands Applied’s advanced semiconductor packaging capabilities, specifically panel-level electrochemical deposition technologies used for fine-pitch interconnects in emerging large-format (510 x 515 mm) chiplet-based architectures.
- Buyers
- Applied Materials, Inc.
- Targets
- ASMPT NEXX, Inc., NEXX business (ASMPT NEXX)
- Sellers
- Asm Assembly Systems, LLC, ASMPT Limited
- Industry
- IT Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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