Applied Materials Buys Finland's Picosun for Undisclosed Sum

Semiconductor equipment maker Applied Materials bought Picosun, a Finnish-based supplier of atomic layer deposition (ALD) technology for producing specialty semiconductors, said the buyer Thursday. “As electronic products become smarter and more connected, they require greater numbers of specialty semiconductors built on non-leading-edge process nodes,” said Applied. Adding Picosun’s ALD technology broadens the Applied’s product portfolio and “customer engagements,” it said. Picosun also brings Applied “deep R&D capabilities,” it said. Financial terms of the transaction weren’t disclosed.