Versum Materials
 | |
| Company type | Subsidiary of Merck Group |
|---|---|
| Industry | Chemicals |
| Founded | October 3, 2016 in Tempe, Arizona, United States |
| Headquarters | Tempe, Arizona , U.S. |
Area served | Global |
Key people | Guillermo Novo, President, CEO & Director |
| Products | Specialty materials for the semiconductor and display industries |
Number of employees | 2,200 (2017) |
| Parent | Merck Group |
| Website | www |
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.
History
[edit]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]
References
[edit]- ^ "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015.
- ^ "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging" (Press release). Business Wire. July 11, 2017.
- ^ "Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials" (Press release). Business Wire. October 7, 2019.
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- Merck Group
- Companies based in Tempe, Arizona
- Companies formerly listed on the New York Stock Exchange
- Manufacturing companies based in Arizona
- Chemical companies of the United States
- American companies established in 2016
- Chemical companies established in 2016
- 2019 mergers and acquisitions
- 2016 establishments in Arizona
- Corporate spin-offs
- American subsidiaries of foreign companies
- United States manufacturing company stubs