Berliner Glas Group to Become Part of ASML
July 16, 2020 | Berliner Glas GroupEstimated reading time: 1 minute
Berliner Glas and ASML, one of the world’s leading manufacturers of chip-making equipment, have signed an agreement whereby ASML acquires all shares of Berliner Glas KGaA including all subsidiaries.
With this transaction, ASML will acquire technical capabilities that are important to support the future roadmap for its EUV and DUV products. ASML will also acquire business units that operate in other markets.
“We are proud to have contributed to the success of ASML’s lithography technology over the past 30 years, and our collaboration with ASML is already very close,” said Herbert Kubatz, owner of the Berliner Glas Group.
“We are excited by the opportunity to make a bigger contribution to innovation in the semiconductor industry as a part of ASML, while we retain the focus to be successful in the other markets that we serve,” added Andreas Nitze, CEO of Berliner Glas Group.
“The combination of Berliner Glas’ technology and capabilities and ASML’s scale, both in R&D and manufacturing, will support the further development and roll-out of future EUV systems that will provide increased value to ASML’s customers. In this transaction, ASML is also acquiring businesses that serve other industries. We intend to manage Berliner Glas in a way that allows these businesses to remain focused on serving their customers with products that are tailored to their needs,” said Frits van Hout, ASML Chief Strategy Officer.
The management team of the Berliner Glas Group will continue to run the company. The contacts for customers and suppliers remain the same.
The acquisition will be completed once all the necessary regulatory approvals have been obtained, which is expected before the end of 2020.
Suggested Items
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
New Yorker, Geyer Electronic Sign New Distribution Agreement
04/16/2024 | New Yorker Electronics Co.New Yorker Electronics, global distributor of electronic components, recently announced a new franchised distribution agreement with Geyer Electronic. Geyer is an international manufacturer of Quart Crystals, Oscillators and Resonators.
New Version of MVTec HALCON Machine Vision Software Focuses on Usability, Strengthening Core Features
04/16/2024 | MVTec Software GmbHMVTec Software GmbH, a leading international manufacturer of machine vision software, will release the new version 24.05 of its HALCON standard machine vision software on May 16.
It’s Only Common Sense: Here’s What To Do After IPC APEX EXPO 2024
04/15/2024 | Dan Beaulieu -- Column: It's Only Common SenseYou had a great time last week at IPC APEX EXPO 2024. Now you’re back home and ready to go on to other things. Au contraire mon frère. Now the work really gets started, and you must capitalize on all the good work you did last week. Follow up on the connections you made, the leads you created, and the partnerships and relationships you developed.
Dan’s Biz Bookshelf: Seeing the How
04/11/2024 | Dan Beaulieu -- Column: Dan's Biz BookshelfI might say this about a lot of books, but this one is a must-read. The author addresses a whole new way of doing business. It’s not like one day we woke up and there it was, a new way to get a ride (Uber), a new home away from home (Airbnb), a new way to get groceries (Instacart) and (DoorDash), and so on. The flood gates have opened, and there’s more to come.