Speciality ALD prompts Applied Materials’ to swoop for Picosun
Leading chipmaking equipment supplier Applied Materials Inc. (Santa Clara, Calif.) has acquired Picosun Oy (Espoo, Finland) for an undisclosed amount.
Picosun was founded in 2003 to commercialize atomic layer deposition technology and has grown to over 200 staff while remaining privately held. It’s technology has been applied to specialty semiconductors (see Picosun delivers atomic layer deposition for PowderMEMS).
The addition of Picosun’s ALD technology broadens the Applied ICAPS product portfolio and customer engagements, Applied said. Picosun also brings to Applied deep R&D capabilities, talented teams and strong relationships with leading research institutions and universities throughout the world.
“Picosun is a pioneer in ALD technology with products that serve fast-growing segments of the specialty foundry-logic market,” said Gary Dickerson, CEO of Applied Materials, in a statement. “The addition of Picosun complements Applied Materials’ technology portfolio and expands our opportunities to accelerate our customers’ roadmaps.”
The Picosun team will continue to be based in Finland and will report into Applied’s ICAPS group.
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