Form 8-K · Current report
Applied Materials 8-K, filed Oct 26, 2026
- Filed
- CIK
- 0000006951
- Accession no.
- 0001628280-26-067303
Summary
Applied Materials has entered an accelerated share purchase agreement to raise its stake in BE Semiconductor Industries (Besi) to approximately 20% of Besi's outstanding shares, with delivery of the shares conditioned on the expiration or termination of the waiting period under the Hart-Scott-Rodino Act. Applied said it views the investment as long term, has no intention to increase it beyond about 20%, and does not intend to seek board representation at Besi.
Key points
- Applied Materials initially invested in Besi in April 2025, and the companies' strategic collaboration began in 2020.
- Besi recently joined Applied Materials' EPIC Center as an Innovation Partner, extending co-innovation beyond hybrid bonding to next-generation interconnect architectures, 3D IC scaling, and die-on-wafer, die-on-die and die-on-panel integration platforms.
- Prabu Raja, President of Applied Materials' Semiconductor Products Group, said hybrid bonding and next-generation interconnect architectures are becoming increasingly critical enablers of energy-efficient AI compute performance.
- The share purchase requires expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Act.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01 Other Events. On October 26, 2026, Applied Materials, Inc. (“Applied”) entered into an accelerated share purchase agreement (the “Agreement”) to acquire shares of common stock of BE Semiconductor Industries N.V. (“Besi”), a Dutch public limited company. When combined with Applied’s existing ownership of Besi shares, Applied would own approximately 20% of the outstanding shares of the common stock of Besi following the purchase under the Agreement. The delivery of Besi shares pursuant to the Agreement is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). …
An excerpt of the text as filed with the SEC, cut for length.
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