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Date: 08-07-14

Eteris is the name of merged biz of Applied and Tokyo Electron

Eteris is the name of merged semiconductor equipment business of Applied Materials and Tokyo Electron Limited.

The U.S. based Applied Materials and Japan based Tokyo Electron have agreed to merge their businesses to form a new company valued at US dollar 29 billion in Sept 2013. Both Applied Materials (rank 1) and Tokyo Electron (rank 3) are leading semiconductor equipment suppliers. They make equipments for photolithography etching, vapour deposition, thermal processing, and plating.

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