ASM INTERNATIONAL ANNOUNCES ACQUISITION OF RENO SUB-SYSTEMS

Rhea-AI Summary

Almere, The Netherlands
March 14, 2022

ASM International N.V. has acquired Reno Sub-Systems Inc., a provider of RF matching sub-systems for semiconductor manufacturing, enhancing ASM's plasma product offerings. Reno's innovative designs will support the performance of ASM's existing technologies. However, due to its small size, this acquisition is not anticipated to materially impact ASM's earnings for 2022.

Positive

• Acquisition of Reno Sub-Systems enhances ASM's product portfolio with innovative RF matching networks.
• Potential for improved performance of ASM's plasma solutions.

Negative

• Acquisition is not expected to significantly impact 2022 earnings.

Almere, The Netherlands
March 14, 2022

ASM International N.V. (Euronext Amsterdam: ASM) today announces that it acquired Reno Sub-Systems Inc. (Reno), a supplier of RF matching sub-systems for semiconductor manufacturing equipment.

Reno designs and sells innovative RF matching sub-systems and is based in New Jersey, the US. Reno's high-performance RF matching networks and RF generators will enhance ASM’s plasma products and solutions.

Due to its limited size, the acquisition is not expected to have a significant impact on 2022 earnings.

About ASM International

ASM International NV, headquartered in Almere, the Netherlands, its subsidiaries design, manufacture equipment and process solutions to produce semiconductor devices for wafer processing and has facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's website at www.asm.com.

Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.

CONTACT

Investor and Media contact:

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com

Attachment

• 20220314 - ASMI ANNOUNCES ACQUISITION OF RENO SUB-SYSTEMS

FAQ

What is the significance of ASM International's acquisition of Reno Sub-Systems?

The acquisition enhances ASM's plasma product offerings with Reno's innovative RF matching sub-systems.

When was the acquisition of Reno Sub-Systems by ASM announced?

The acquisition was announced on March 14, 2022.

Will the acquisition of Reno Sub-Systems impact ASM's earnings in 2022?

No, the acquisition is not expected to have a significant impact on ASM's earnings for 2022 due to Reno's limited size.

How will Reno Sub-Systems contribute to ASM International's technology?

Reno's high-performance RF matching networks and generators will enhance the efficiency of ASM's existing semiconductor manufacturing technologies.

What are the future implications of the acquisition for ASM International?

While immediate earnings impact is limited, the acquisition may lead to long-term benefits through enhanced product offerings and improved competitive positioning.