Netherlands: chips all round

Benelux law firm NautaDutilh has assisted California-based microchip producer Intel Corporation in its research and development commitment and equity investment in Dutch photolithography systems supplier ASML Holding, which is valued at €3.3 billion.

Intel has announced that it entered into a series of agreements with ASML intended to accelerate the development of 450-millimeter wafer technology and extreme ultra violet lithography. The multi-party development programme includes a cash contribution by Intel to fund relevant ASML research and development, as well as equity investments of Intel up to 15 per cent of ASML’s issued shares in aggregate valued at €3.3 billion. Corporate partners Leo Groothuis and Gaike Dalenoord led the NautaDutilh team.

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