A good laugh, thanks. Not sure about the accuracy.
ASML's corporate headquarters is in Veldhoven, Netherlands. It is also the location for research, development, manufacturing and assembly. ASML has a worldwide customer base and over sixty service points in sixteen countries. The company is listed on both the AEX and NASDAQ Stock Exchanges, as ASML. It is also a component of the Euro Stoxx 50 and NASDAQ-100.
The company (originally named ASM Lithography, current name ASML, which is an official name and not an abbreviation) was founded in 1984 as a joint venture between the Dutch companies Advanced Semiconductor Materials International (ASMI) and Philips. Nowadays it is a public company with only a minority of the shares owned by Philips. When the company became independent in 1988, it was decided that changing the name was not desirable, and the abbreviation ASML became the official company name.
In 2000, ASML acquired the Silicon Valley Group (SVG), a US lithography equipment manufacturer, in a bid to supply 193 nm scanners to Intel Corp.
ASML is subject to cyclical industrial dynamics. For example, at the end of 2008, ASML experienced a large drop in sales, which led management to cut the workforce by about 1000 worldwide—mostly contract workers—and to apply for support from the Dutch national unemployment fund to prevent even larger layoffs. Two and a half years later, ASML expected a record-high revenue.
In July 2012, Intel announced a deal to invest $4.1 billion into ASML in exchange for 15% ownership, in order to speed up the transition from 300 mm to 450 mm wafers and further development of EUV lithography. This deal is without exclusive rights to future ASML products and, as of July 2012, ASML is offering another 10% of the shares to other companies.As part of their EUV strategy, ASML announced the acquisition of DUV and EUV sources manufacturer Cymer in October 2012.
The odd thing I learned is that even after Intel invested in ASML in 2012, Intel tried to go their own way to go smaller, while AMD leapfrogged ahead using ASML EUV tech (via TSMC).