ASML Holding N.V. (ADR) (NASDAQ:ASML) has announced that one of its sub- division will join hands with Globalfoundries to speed up the process of development of future nodes.

A sub-division of ASML Holding, Brion Technologies will work with Globalfoundries for delivering high-volume computational lithography capabilities for 28nm and 20nm tapeouts, as revealed by ASML.

ASML Holding N.V declared that its holistic lithography approach company enables both process window control and process window enhancement from design to mask tapeout to actual chip manufacturing, through forcing the computational model accuracy that comes from strict integration with the ASML scanners.

The General Manager of Brion Technologies, Jim Koonmen said in a statement that they look forward to this expansion of their long term relationship with Globalfoundries, and expected to have the successful use by Globalfoundries of these latest technologies at the N28, N20, N14 and for future nodes.

ASML Holding N.V. (ADR) (NASDAQ:ASML) stock in last session held volume of 1.22 million shares as compare to its average volume of 1.57 million shares. The stock opened at $69.77 hit high price of $70.24 and then closed at $69.62by falling -0.21%.

Looking at the revenue measures, the company generated sales of 6.19 billion in last twelve months with income of $ 1.50 billion. The Company showed a positive 24.23% in the net profit margin and its operating margin is calculated as 24.45%. Company’s annual sales growth for the past five years was 4.66%.

ASML past twelve months price to sales ratio was 4.62 and price to cash ratio recorded as 8.10. As far as the returns are concern, ASML return on equity recorded as 30.52% while its return on assets stayed at 15.63%.