Applied Materials Buying Advent Solar Assets, Cheap

Chip equipment maker Applied Materials announced this afternoon that it is acquiring 7-year-old startup Advent Solar. Applied’s solar acquisition investments now total more than $1 billion, including $330 million for Italy’s Baccini and $483 million for Swiss solar wafer equipment company HCT Shaping Systems. But today’s announcement probably doesn’t represent a big uptick in total [...]

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