Applied Materials, which drives greater than 90% of UMS Holdings revenue, acquired Tokyo Electron in the largest deal in Japan in 6 years.

With this, Applied Materials have potentially removed much competition in the market.

Analysts also said that antitrust issues could be a concern for Applied Materials and Tokyo Electron, given that the deal would combine two of the three largest players in the industry. At a news conference in Tokyo, executives insisted that the two companies’ capabilities were complementary, rather than overlapping – NYT

Acquisitions can be generative in that, in such a field where research and development, being able to deliver the most technologically advance solution to their foundry clients give them a great advantage.

Synergy in the form  of streamlining operations, cutting or combining less value operations is also possible.

In any case it increases the monopoly power of Applied materials possibly. They would outright acquire ...