In September 2013, Applied Materials and Tokyo Electron (TEL) announced that the two semiconductor manufacturing equipment makers will merge. Today the two companies announced that the new company name will be Eteris, and they also revealed the new logo. The companies expect the transaction to close in second half of 2014.
Both Applied and TEL are engaged with OLED manufacturing equipment. Applied Materials is offering two film deposition systems suitable for LTPS or Oxide-TFT backplane deposition (for both LCD and OLEDs panels). The AKT-PX-PECVD system (shown below) is used to deposit LTPS films on large glass substrates (sized from 1.6 m2 to 5.7 m2), while the AKT-PiVoT PVD system is used to deposit metal oxide-based TFTs (IGZO in particular).
TEL is working on OLED printing equipment together with Seiko Epson. The companies signed an agreement in 2011 to jointly-develop OLED display manufacturing technology that will integrate Epson's inkjet printing method and TEL's production equipment.