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(Nanowerk News) Applied Materials, Inc., the leading supplier of equipment and services to the solar photovoltaic (PV) industry, announced today that it has acquired substantially all the assets, including the intellectual property, of Advent Solar, Inc. for an undisclosed cash amount.
Applied Materials Inc. opened the Solar Technology Center, an advanced solar R&D facility, in Xi'an, China. It is the largest non-government solar energy research facility in the world.
$500,000 for University at Albany's College of Nanoscale Science and Engineering
Applied Materials Chairman and CEO Mike Splinter met yesterday with Nancy Pelosi, Congresswoman and Speaker of the House.
http://www.semiconductor.net/article/329182-Meeting_of_the_Powerful.php
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SANTA CLARA, Calif., Nov 06, 2009 (BUSINESS WIRE) --
Applied Materials, Inc., the leading supplier of equipment and services to the solar photovoltaic (PV) industry, announced today that it has acquired substantially all the assets, including the intellectual property, of Advent Solar, Inc. for an undisclosed cash amount. Advent Solar is a developer of advanced technology for crystalline silicon (c-Si) PVs. This acquisition is expected to complement Applied's portfolio of solar PV technologies and enhance its leadership in the c-Si equipment market.
Advent Solar has pioneered several innovations for producing c-Si cells and modules, including technology for streamlining module assembly processes and advanced efficiency device architectures. The company, founded in 2002, is headquartered in Albuquerque, New Mexico.
"We believe the acquisition of Advent Solar will increase our opportunities to provide innovative solutions for reducing module production costs," said Dr. Mark Pinto, chief technology officer and general manager of Applied's Energy and Environmental Solutions Group. "Combining Advent Solar's PV technology with Applied's expertise in automated wafering and cell production equipment, we expect to deliver systems that will enhance customers' c-Si roadmaps and accelerate the reduction in cost per watt of solar electricity."
After the close of this transaction, Advent Solar's assets will be integrated with Applied's Energy and Environmental Solutions Group.
Safe Harbor Statement. This press release contains forward-looking statements relating to the acquisition of assets of Advent Solar and expected benefits of the transaction. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those stated or implied, including but not limited to: (a) the successful integration and performance of the acquired business; (b) demand for PV products, which is subject to many factors, including uncertain global market conditions, government renewable energy policies and incentives, cost in relation to other energy sources, and technology innovations; (c) Applied's ability to (i) develop, deliver and support a broad range of products and expand its markets, (ii) obtain and protect intellectual property rights in key technologies, (iii) manage its supply chain and production capability, and (iv) recruit and retain key employees; and (d) other risks described in Applied's SEC filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof and Applied undertakes no obligation to update any such statements.
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology(TM) solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.
SOURCE: Applied Materials, Inc.
Applied Materials, Inc. Betty Newboe, 408-563-0647 (technical media) Michael Sullivan, 408-986-7977 (financial community)
Tags: acquisition business electronics energy government market nasdaq new mexico products property renewable energy sec semiconductors software technology
Companies: Applied Materials, Inc. (AMAT)
SANTA CLARA, Calif., Nov 03, 2009 (BUSINESS WIRE) --
Applied Materials, Inc. (NASDAQ:AMAT) will hold its quarterly earnings call to discuss its results for the fourth quarter and full year of fiscal 2009, as well as its business outlook and strategic planning initiatives, on Wednesday, November 11, 2009, at 4:30 p.m. ET (1:30 p.m. PT). A live webcast of the call will be available on Applied Materials' website at http://www.appliedmaterials.com/investors/index.html. Replays and an audio/MP3 will be available beginning Wednesday, November 11 at 8:00 p.m. ET (5:00 p.m. PT), and ending Wednesday, November 25 at 8:00 p.m. ET (5:00 p.m. PT).
Applied Materials, Inc. is the global leader in Nanomanufacturing Technology(TM) solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panels, solar photovoltaic cells, flexible electronics and energy efficient glass. At Applied Materials, we apply Nanomanufacturing Technology to improve the way people live. Learn more at www.appliedmaterials.com.
SOURCE: Applied Materials, Inc.
Applied Materials, Inc. Investment Community: Mike Sullivan, 408-748-5227 investor_relations@amat.com or Editorial/Media: Howard Clabo, 408-748-5775 howard_clabo@amat.com
Tags: business earnings electronics energy nasdaq products semiconductors software technology
Companies: Applied Materials, Inc. (AMAT)
Applied Materials, Inc. the supplier of equipment to the solar photovoltaic industry, has opened a solar research and demonstration facility in Xi'an, China. Applied Materials' Solar Technology Center, is comprised of laboratory and office buildings covering more than 400,000 square feet and...
Oct 29, 2009 (Fresh Brewed Media via COMTEX) --
Applied Materials (NasdaqNM: AMAT) closed yesterday at $12.37. So far the stock has hit a 52-week low of $7.80 and 52-week high of $14.19. Applied Materials stock has been showing support around 10.94 and resistance in the 13.46 range. Technical indicators for the stock are Bearish and S&P gives AMAT a very positive 5 STAR (out of 5) strong buy rating. AMAT appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at an Apr '10 12 covered call (ANQ DN) for a net debit in the $10.97 area. That is also the break even stock price for this trade. This covered call has a 170 day duration, provides 11.32% downside protection and a 9.39% assigned return rate for a 20.16% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the AMAT Jan '11 7.50 Call (VPJ AU) and selling the Apr '10 12 call (ANQ DN) for a $4.10 debit. The trade has a 170 day life and would provide 6.22% downside protection and a 9.76% assigned return rate for a 21.00% annualized return rate (for comparison purposes only). Applied Materials has a current annual dividend yield of 1.86%.
THA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: investment opinion research S&P trade yield
Companies: Applied Materials, Inc. (AMAT)
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Freelance Senior Equipment Engineer | Helensburgh, UK | Senior Equipment Engineer •Senior engineer/system specialist on Applied Materials first ion implant systems shipped and commissioned to China for the use in semiconductor microprocessor fabrication.
Applied Materials Reports 2Q EPS Loss: Act. Ex-Items $0.10 vs. Est. $0.10; An In-Depth Look, Featuring Reaction with Patrick Ho of Stifel Nicolaus (Bloomberg News) http://www.clipsyndicate.com/video/playlist/1998/942566?cpt=8&wpid=523
http://www.zibb.com/article/5267708/Video+Earnings+Watch+Applied+Materials
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Semiconductor manufacturer offering SunFab, thin film solar modules (BIPV), flexible PV, crystalline silicon (c-Si) solar solutions reducing the cost per watt of energy.
(Redirected from Applied Materials Incorporated) ... Applied Materials, Inc. (NASDAQ: AMAT, SEHK: 4336) is a leading capital ...
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