Weil Gotshal & Manges and Jones Day have landed roles on the $29bn (£18bn) merger of Applied Materials (AMAT) with fellow semiconductor producer Tokyo Electron (TEL).

Weil took the lead for AMAT on the all-stock merger, which will create a global powerhouse in semiconductor and display manufacturing technology, with a team spread across Silicon Valley, New York and Washington lead by Silicon Valley M&A partners Keith Flaum and James Griffin.