ASML To Acquire Cymer For $2.5B

ASML Holding

announced its plans to acquire Cymer

for 1.95 billion euros ($2.5 billion). ASML also reported its third-quarter net profit at 275 million euros, from a forecast of 278 million euros. Its sales came in at 1.23 billion euros, versus a forecast for 1.2 billion. ASML shares closed at $53.59 yesterday.