Dutch firm ASML Holding NV offers to buy light beam maker Cymer Inc.
APAMSTERDAM -- ASML Holding NV, the biggest supplier of equipment to semiconductor manufacturers, has offered to buy Cymer Inc. of the U.S. for around US$2.55 billion in cash and shares.
October 18, 2012, 12:06 am TWN
Cymer makes the focused beams of light that ASML uses in its lithography machines, which trace out the circuitry of computer chips. ASML said its offer of US$20.00 in cash and 1.1502 ASML shares per Cymer share represents a 61-percent premium to Cymer's average closing price over the past month.