ASM International has said that it has received an offer for the entire
front-end business operations of the Dutch equipment supplier from
Applied Materials. Applied’s initial offer for the ALD and CVD
activities remains unchanged at between $400 and $500 million but
Francisco Partners is offering between $225 million and $300 million
for the remaining units that include epitaxy and vertical furnaces.
ASMI's management and supervisory board are to review the offer, which could amount to $800 million in total.