Intel Invests in ASM International to Secure Nanometer Process Technologies

From DailyTech: Intel Capital, the investment arm of Intel Corporation, has bought 4 percent of semiconductor equipment manufacturer ASM International (also known as ASMI) through open market transactions.

ASMI is a Netherlands-based supplier of lithography and other semiconductor production equipment to integrated circuit manufacturers such as Intel and AMD. ASMI’s equipment and materials are used in wafer processing, assembly, and packaging of semiconductor devices. It is the second largest such company in Europe, with shares traded on the NASDAQ and in Europe through NYSE Euronext.

"Equipment and materials innovation is critical to enabling new capabilities in semiconductor device manufacturing," said Arvind Sodhani, Intel's Executive Vice President and President of Intel Capital. "Our investment in ASMI is part of Intel Capital's strategy to foster innovation that aligns with Intel's manufacturing technology roadmap."

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