Comment by chronogram

ASML's success is partly (gross simplification) because it was the biggest local tech company (Philips) realising that they're too big to be effective, so they made a startup-esque new company which allowed them to be lean and engineering-focused. It's a good story of proper accounting allowing good company structures to persist inside of a bloated company.

Van den Brink gave a great interview some time ago, I'll see if I can translate it and post it here.