A PYMNTS Company

US: Semiconductor makers forge $1.15B merger

By  |  February 5, 2014

US- based semiconductor materials makers Entegris and ATMI announced earlier this week they have inked a merger deal worth $1.15 billion.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Reports say Entegris will acquire its competitor, and expects to finalize the acquisition in the second quarter of this year.

    The buyout remains subject to regulatory scrutiny as well as approval from ATMI shareholders.

    The merger news comes soon after ATMI sold its life sciences operations to Pall Corporation for $170 million; Entegris’s acquisition additionally depends upon the completion of that sale.

    Full Content: American Lawyer

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.