Expanding our Capabilities
Today is significant for two reasons: first, it’s Applied Materials’ 44th anniversary—we’ve come a long way since 1967—working with amazing people, developing great products and creating an innovative culture; and secondly, it’s now official —Applied Materials and Varian Semiconductor Equipment Associates have become one company, combining the best of each to help the world’s leading chip makers solve the challenges of today’s increasingly more complex transistors.
The acquisition of Varian enhances Applied’s extensive portfolio with market-leading ion implantation technology, a market that represents an annual opportunity approaching $1.5 billion.
The Varian business unit will be merged into our Silicon Systems Group (SSG) and will be managed by group Vice President and General Manager Bob Halliday, the former chief financial officer at Varian, who will report to Dr. Randhir Thakur, executive vice president and general manager of SSG.
For more details about today’s announcement read the press release.