TEL is very good at Etch which will complement AAMT's offering. Interesting that TEL exec took the top spot even though they are half the size of AMAT. Mike Slinter as Vice Chair tells me he is probably headed out in the next 12 months.
I think the regulators will allow this merger since you will still have 3 major players + Veeco in this space. ASML, Lam/Novellus, and AMAT/TEL are still going to have to compete hard for WFE $. They all have great products and broad line ups.
Someone will probably acquire Veeco in next 12 months to create an stronger product portfolio.
If I am somewhere near where he would be departing I would like to say him good riddance and good bye. You were great manace to this great company, My children and I suffered a lot because their college money was lost during his tenure.
Never going to happen. Feds will deny due to reduced competition. INTC et al will make sure. They don't want cap equipment companies to have leverage in pricing. Also, AMAT fires employees for no reason than they want to make the stock go up. TEL takes care of their employees and treats them as valuable assets. Culture clash big time.