Applied Materials, Inc. (NasdaqGS : AMAT) acquired Picosun Oy on June 16, 2022. The transaction has been approved by the Ministry of Economic Affairs and Employment of Finland; no other regulatory approvals were required. Goldman Sachs & Co. LLC served as financial advisor and Hogan Lovells US LLP served as legal counsel for Applied Materials. Carnegie acted as sole financial adviser to the owners of Picosun Oy in connection with the sale.

Applied Materials, Inc. (NasdaqGS : AMAT) completed the acquisition of Picosun Oy on June 16, 2022.