Semiconductor manufacturing yield enhancing material and components supplier Entegris has acquired another semiconductor equipment related vendor ATMI.
Bertrand Loy, President and Chief Executive Officer of Entegris said, “We are excited to bring together two strong, successful companies with premium brands and incredibly talented teams. As one company, we are creating a very compelling platform for our shareholders, customers and employees. As our customers continue to develop and ramp new, ever more complex and advanced manufacturing processes, we are positioned to leverage our innovative energy and unique strengths to bring a broader portfolio of yield-enhancing solutions to market faster than before.”
The combined company to have 3,500 employees worldwide and a pro forma 2013 revenues of more than $1 billion, stated in the release.
Yield is becoming a critical issue in semiconductor manufacturing at the nodes of 20 nm, 16 nm, 14 nm and below, companies such as Entegris can leverage the market opportunity for good revenue growth.