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In 2006, Applied entered the glass and web coating industries by acquiring Applied Film for about $484 million. Applied Film is a leading supplier for thin-film deposition equipment used to produce LCD, solar cells, and energy-efficient glass. Considering the prospect, Applied decided to create a new segment called the Adjacent Technologies, which produces equipment fabricate solar photovoltaic cells, flexible electronics, and energy-efficient glass. Applied Materials also decided to enter the solar energy industry in 2007 by acquiring HCT Shaping Systems, which supplies equipment to produce solar cells...
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