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Short Take: Applied Materials acquires Consilium

Applied Materials, the giant supplier of wafer fabrication systems and services to the microprocessor industry, will acquire specialist software maker Consilium. Previously, Consilium had been an independent supplier of manufacturing execution systems (MES) software and services, used in chip production. Concilium stock will be exchanged for between 0.182 and 0.165 of a share of Applied Materials' stock, the two companies said in a statement.

Applied Materials, the giant supplier of wafer fabrication systems and services to the microprocessor industry, will acquire specialist software maker Consilium. Previously, Consilium had been an independent supplier of manufacturing execution systems (MES) software and services, used in chip production. Concilium stock will be exchanged for between 0.182 and 0.165 of a share of Applied Materials' stock, the two companies said in a statement.