Applied Materials to Acquire Semitool

Combination makes Applied Materials the leader in high-growth equipment market for advanced packaging of chips for mobile devices

Strengthens Applied’s opportunity in the memory industry’s conversion to copper

Applied Materials, Inc. (Nasdaq:AMAT ) and Semitool, Inc. (Nasdaq:SMTL ) today announced a definitive agreement for Applied to acquire the outstanding shares of Semitool for $11 per share in an all-cash tender offer.

The acquisition makes Applied the equipment leader in two fast-growing segments: advanced packaging and the memory industry’s conversion to copper. The combination enables Applied to serve its customers with a broader range of products and expands the company’s reach to a new set of customers in the semiconductor packaging industry.

Read more: Semitool Inc ( SMTL )

Silicon Storage Technology to Be Acquired for $2.10 Per Share Board of Directors Recommends Acceptance of All-Cash Offer

SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI), a memory and non-memory products provider for high-volume applications in the digital consumer, networking, wireless communications and Internet computing markets, today announced that it has entered into a definitive merger agreement to be acquired by Technology Resource Holdings, Inc., a Prophet Equity LP-controlled entity, as well as by members of SST's management team. Prophet Equity LP will acquire all of the outstanding common stock of the company for $2.10 per share, except for shares held by Bing Yeh, SST's Chairman and Chief Executive Officer, and Yaw Wen Hu, SST's Executive Vice President and Chief Operating Officer and member of the Board of Directors, who have agreed to exchange all of their shares of SST common stock for shares of capital stock of the resulting privately held company.

Read more: Silicon Storage Technology Inc ( SSTI )

Axcelis Receives Multiple Orders for Yield Enhancing Upgrade as Customers Realize Enabling Technology and Device Performance Benefits

Axcelis Introduces New Upgrade for Industry Leading High Energy Product Line

Axcelis Technologies, Inc. (Nasdaq:ACLS), a leading supplier of innovative, high-productivity solutions for the semiconductor industry, announced today that it has introduced a significant performance enhancing upgrade for its industry leading high energy ion implanter product line. Axcelis has already made several successful installations and received multiple follow-on orders from customers as they realize compelling technology and device performance benefits.

The Low Angle Implant upgrade is designed to deliver higher yields and improved overall device performance. This upgrade extends the capabilities of high energy multi-wafer systems for next generation device manufacturing with improved cross-wafer uniformity while maintaining best-in-class reliability.

Read more: Axcelis Technologies Inc ( ACLS )

Skyworks Raises Revenue and Earnings Outlook

Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high reliability analog and mixed signal semiconductors enabling a broad range of end markets, today increased its financial outlook for the fourth quarter of fiscal 2009 given broad-based improvements in order demand. For the period, Skyworks now expects revenue in the range of $220 to $225 million and non-GAAP diluted earnings per share of $0.21 to $0.22.

“Multiple new program ramps coupled with strong operational execution are contributing to better than planned top and bottom line growth,” said David J. Aldrich, president and chief executive officer of Skyworks. “Our diversification into a broader set of analog semiconductor sectors, share consolidation in our core markets and our scale advantages are increasingly enabling us to outperform our addressable markets.”

Read more: Skyworks Solutions Inc ( SWKS )

Atheros to Acquire Intellon

Combination of Best-in-Class Wireless and Wired Technologies Promises Major Advances Toward Seamless Networking Throughout the Digital Home

Atheros Communications, Inc. (NASDAQ:ATHR) and Intellon Corporation (NASDAQ:ITLN) today announced that the companies have entered into a definitive agreement for Atheros to acquire Intellon in a stock and cash transaction valued at approximately $244 million, or $181 million net of Intellon's cash, cash equivalents and short-term investments as of June 30, 2009.

The acquisition of Intellon is another significant step by Atheros toward its goal of enabling the very best connectivity experiences across the networking, computing and mobile device markets. Intellon's powerline communications (PLC) technology operates on today's most pervasive wired medium, the home power circuit.

Read more: Intellon Corporation ( ITLN )