Applied Materials, which made its name by designing equipment for semiconductor makers and television manufacturers, is bulking up to become the chief equipment maker for the greentech industry.
The company is building up an internal group to sell equipment to manufacturers of energy storage devices, such as batteries and fuel cells, say sources close to the company.
Applied also wants to sell equipment to manufacturers of OLEDS. The company is one of the charter members of the European OPAL 2008, which aims to develop cheap OLED lights. Other members include Aixtron, Osram, Philips and BASF. It also has an investment in Plextronics.