Applied Materials to buy Tokyo Electron for $9 billion
Source: Reuters
(Reuters) - Applied Materials Inc will buy rival Tokyo Electron Ltd in an all-stock deal valued at more than $9 billion, combining the No.1 and No.3 makers of chip-making gear as demand for their products slows and it gets tougher to turn a profit.
The deal will create a new company valued at about $29 billion that would be 68 percent owned by Applied Materials shareholders, the companies said on Tuesday.
Applied Materials shares rose more than 8 percent in afternoon trading on the Nasdaq. The announcement came after the close of trading in Tokyo, where Tokyo Electron shares ended 0.4 percent higher.
The deal is the biggest-ever for Applied Materials, whose last big acquisition was Varian Semiconductor Equipment Associates for $4.9 billion in 2011.
Read more: http://www.reuters.com/article/2013/09/24/us-tokyoelectron-merger-appliedmaterials-idUSBRE98N0CB20130924
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it means that it was from a radioactive isotope due to the Fukushima accident. 
Back at you! 