ASML set to expand with acquisition of Berliner Glas

ASML, a global leader in the development of lithographic equipment and chip-making materials, has acquired full shares of the Berliner Glas, the German-based provider of optical key components, including refined technical glass and glass touch assemblies. The acquisition includes all Berliner Glas subsidiaries and aims to support ASML’s continued and future development of EUV and UV products.

The combination of Berliner Glas’ technology and capabilities and ASML’s scale, both in R&D and manufacturing, will support the further development and roll-out of future EUV systems that will provide increased value to ASML’s customers,” said Frits van Hout, ASML’s chief strategy officer.

Per the agreement, the Berliner Glas management team will continue to run the company.

In this transaction, ASML is also acquiring businesses that serve other industries. We intend to manage Berliner Glas in a way that allows these businesses to remain focused on serving their customers with products that are tailored to their needs,” van Hout said.

ASML recently announced strong second-quarter earnings, including €3.3. million net sales. The company will complete its Berliner Glas acquisition once it obtains all necessary regulatory approvals, and is expected to take place before the end of the year.

Source: https://www.photonics.com/

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