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Entegris buys into poly silicon products company IMI |
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Mar 06, 2008 at 02:57 PM |
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 Entegris has said that it has spent $8 million on a 14 percent equity stake of privately held Integrated Materials, Inc. (IMI), which specializes in poly silicon-based components, in particular for semiconductor diffusion furnaces. The agreement will also allow Entegris to purchase the remaining equity of IMI upon completion of certain closing conditions, according to the company.
"The access to IMI's breakthrough materials technology dovetails with our focus on improving the productivity of our semiconductor customers by controlling contamination in their manufacturing process,” commented Gideon Argov, President and CEO of Entegris. “IMI's unique, consumable solution, which uses a poly silicon material to significantly reduce particle contamination and improve yields, extends our wafer handling business and material science expertise."
The deal will enable IMI to leverage worldwide sales and service operations of Entegris, which is expected to improve its business potential.
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