Lam to Buy KLA-Tencor in $10.6 Billion Chip Machinery Deal

Updated on
  • Merger creates equipment company with $8.7 billion in sales
  • Pact comes 6 months after antitrust ended another merger

Lam Research Corp. agreed to acquire KLA-Tencor Corp. in a $10.6 billion cash-and-stock deal, testing regulators six months after a smaller merger between chip-equipment suppliers was halted over antitrust concerns.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.