Santa Clara-based semiconductor firm Applied Materials and Tokyo Electron said last night that they are in a $9.39 billion deal to combine. The two, publicly held firm said the deal with give it a combined company valued at $29 billion. Both are major suppliers to the semiconductor and display industry. The stock deal will make Applied Materials shareholders owners of approximately 58 percent of the new company, with Tokyo Electron shareholders the owner of the other 32 percent. AMAT is being advised by Goldman Sachs, Weil, Gotshal & Manges LLP, Mori, Hamada & Matsumoto, and De Brauw Blackstone Westbroek in the deal; Tokyo Electron is being advised by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Jones Day, and Nishimura & Asahi.