NEXX Acquired by Applied Materials | Technology M&A Deal

Applied Materials has acquired NEXX, a technology other business in the United States, for $120 million. NEXX acquisition brings additional technology capabilities that support Applied Materials acquisitions in advanced manufacturing and related systems. Applied Materials acquisitions focus on expanding product and software functionality through this technology M&A and strategic acquisition of NEXX. The acquisition acquisition is announced and is categorized as a strategic acquisition, with deal size over $100M and terms valued at $120 million.