Versum Materials

Versum Materials, Inc. is an American company that manufactures chemical-mechanical planarization slurries, ultra-thin dielectric and metal precursors of film, formulated cleans and etching products, and delivery equipment for the semiconductor industry. It is a subsidiary of Merck Group.

Versum Materials, Inc.
TypeSubsidiary of Merck Group
IndustryChemicals
FoundedOctober 3, 2016; 5 years ago (2016-10-03) in Tempe, Arizona, United States
Headquarters
Tempe, Arizona
,
U.S.
Area served
Global
Key people
Guillermo Novo, President, CEO & Director
ProductsSpecialty materials for the semiconductor and display industries
Number of employees
2,200 (2017)
ParentMerck Group
Websitewww.versummaterials.com

HistoryEdit

On October 3, 2016, Air Products & Chemicals completed the corporate spin-off of the company.[1]

In 2017, the company acquired Dynaloy from Eastman Chemical Company for approximately $13 million to expand its Surface Prep and Cleans business.[2]

In October 2019, Merck Group acquired the company.[3]

ReferencesEdit

  1. ^ "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015.
  2. ^ "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging" (Press release). Business Wire. July 11, 2017.
  3. ^ "Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials" (Press release). Business Wire. October 7, 2019.