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ASM International N.V. — M&A Activity 2008
Jun 16, 2008
3812_iss_2008-06-13_3fa80f84-ec01-40a6-8231-f3f3b40a5e87.pdf
M&A Activity
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ASM International N.V. Responds to Unsolicited Indicative Offer for ALD and PECVD Front-End Business Activities
.V. (NASDAQ: SMI) announced had received an unsolicited indicative offer from Applied Materials, Inc anced Chemical Vapour Deposition) activities. BILTHOVEN, The Netherlands – June 12, 2008 – ASM International N ASMI and Euronext Exchange in Amsterdam: ASM). ASM International (A on 6 June 2008 that it . for its ALD (Atomic Layer Deposition) and PECVD (Plasma Enh
fully considered ASMI's management board and supervisory board have duly and care the indicative offer.
ASMI has today responded to Applied Materials that, as such, it has no interest to sell the ALD and/or PECVD activities. These activities are an integral part of ASMI's Front-End the key drivers significant growth in revenues and operating mar pril 2008. business. These activities are also at the heart of ASMI's strategy, and underlying ASMI's objectives to achieve gins by 2009, as publicly announced in the Roadmap Presentation on 28 A
ling to explore and discuss with Applied Materials whether any alternative arrangements between ASMI and Applied Materials could be pursued in a way that would be beneficial to ASMI and its stakeholders. However, ASMI is wil
h Applied Materials Further announcements on the progress of any discussions wit will be made if and when appropriate.
About ASM
ASM International N.V., headquartered in Bilthoven, the Netherlands, and its subsidiaries design and manufacture equipment and materials used to produce semiconductor devices. ASM International and its subsidiaries provide production solutions for wafer processing (Front-end segment) as well as assembly and packaging (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's web site at www.asm.com .
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Safe Harbor Statement under the U.S. Private Securities Litigation Reform matters discussed in this statement, except for any historical data, are statements. Forward-looking statements involve risks and uncertainties th actual results to differ materially from those in the forward-looking st Act of 1995: All forward-looking at could cause atements. These nductor industry ons, the timing ctors, litigation l and economic itical instability, me with the U.S. Company's reports on Form 20-F and Form 6-K. The Company assumes no obligation nor intends to update or ny forward-looking statements to reflect future developments or circumstances. include, but are not limited to, economic conditions and trends in the semico generally and the timing of the industry cycles specifically, currency fluctuati of significant orders, market acceptance of new products, competitive fa involving intellectual property, shareholder and other issues, commercia disruption due to natural disasters, terrorist activity, armed conflict or pol epidemics and other risks indicated in the Company's filings from time to ti Securities and Exchange Commission, including, but not limited to, the revise a
Investor Relations 2900 [email protected] Contacts: Mary Jo Dieckhaus +1 212-986- MaryJo.Diec
Erik Kamerbeek Investor Relations +31 30 229 8500 [email protected]