ASML makes $3.1b offer for Hermes Microvision

Dutch semiconductor firm’s jumbo offer marks a continuation of foreign interest in Taiwanese chip manufacturing assets.

ASML makes $3.1b offer for Hermes Microvision

ASML is to acquire Taiwan’s Hermes Microvision for NT$100 billion $3.1 billion, the Dutch semiconductor company said on Thursday, providing further evidence of cross-border demand for Taiwanese technology assets as the global chip industry consolidates.

Veldhoven-headquartered ASML, which has a market capitalisation of $41 billion, is offering to buy HMI shares at NT$1,410 per share. That is 31% above HMI's 30-day volume-weighted average price, 50% more than the 60-day...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES