Applied Materials acquires Applied Films

May 4, 2006 – Applied Materials Inc. (Nasdaq:AMAT) and Applied Films Corporation (Nasdaq:AFCO) announced that they have signed an agreement for Applied Materials to acquire Applied Films.

Applied Films supplies thin film deposition equipment used in manufacturing flat panel displays, solar cells, flexible electronics and energy-efficient glass. The company says the acquisition will extend Applied Materials’ thin film nanomanufacturing technology capabilities.

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