BILTHOVEN, THE NETHERLANDS: ASM International has received a combined offer from Applied Materials and Francisco Partners.

For the purpose of this offer made to ASM International, Francisco Partners has indicated an initial value of the remaining front-end business activities in the range of USD 225 million to USD 300 million, whereas Applied Materials has reaffirmed its initial value range of USD 400 million to USD 500 million for the ALD and PECVD activities.

ASMI's management board and supervisory board will internally discuss the offer and its implications. ASMI will determine its initial position with respect to the combined offer and make a public announcement thereof in due course.
 
ASM International N.V. and its subsidiaries design and manufacture equipment and materials used to produce semiconductor devices. ASM International and its subsidiaries provide production solutions for wafer processing (Front-end segment) as well as assembly and packaging (Back-end segment) through facilities in the United States, Europe, Japan and Asia.