Finance
Eindhoven City Plans to Buy 'Brainport' Tech Campus
Published by Global Banking & Finance Review®
Posted on January 22, 2025
2 min readLast updated: January 27, 2026
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Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on January 22, 2025
2 min readLast updated: January 27, 2026
Add as preferred source on GoogleEindhoven plans to buy Brainport Industries Campus to support tech growth and keep ASML operations local, with a decision due Feb. 25.
By Toby Sterling
AMSTERDAM - The City of Eindhoven plans to purchase an industrial park that serves as an incubator for the region's tech manufacturing industry and is used by computer chip equipment giant ASML, authorities said on Wednesday.
Alderman Stijn Steenbakkers called the purchase of Brainport Industries Campus (BIC-1) a "chance that we have to seize with both hands" when recognition is increasing that government control of vital infrastructure is desirable.
The proposed financial terms will remain confidential until the city's parliament approves the deal, with a decision expected on Feb. 25.
Another Eindhoven industrial park, larger than BIC-1, the High Tech Campus once built by Philips Electronics, was sold to Singapore's sovereign wealth fund GIC for 1 billion euros ($1.04 billion) in 2021, prompting an investigation by the Economic Affairs ministry into whether measures were needed to safeguard technology developed there.
BIC-1 is used by several ASML suppliers, as well as technical schools, startup firms and software company Meta. It is owned by British firm Capreon, which is expected to remain the site's manager after the sale, the city said.
The site includes a hundred thousand square metres of buildings and surrounding land in northwest Eindhoven and houses 2,500 workers and students.
Eindhoven, a growing tech hub, is planning additional Brainport campuses on adjacent land it owns, in part to house ASML as it grows. The first, BIC-2, is expected to begin construction next year.
The national government last year said it planned to invest $2.7 billion to improve infrastructure around Eindhoven to prevent ASML, headquartered in neighbouring Veldhoven, from basing major new operations outside the Netherlands.
(Reporting by Toby Sterling; Editing by Peter Graff and Barbara Lewis)
The main topic is Eindhoven's plan to purchase the Brainport Industries Campus to support its tech industry.
The purchase is significant as it aims to maintain local control over vital tech infrastructure and support ASML's growth.
The campus is currently owned by British firm Capreon, which will remain as the site's manager after the sale.
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