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People & Business :: M&A

Entegris to acquire semiconductor materials maker ATMI for $1.15 billion

10:28 AM MST | February 4, 2014 | Lindsay Frost

Entegris (Billerica, MA), a provider of products for purifying, protecting, and transporting materials used in semiconductor manufacturing, announced a definitive merger agreement with ATMI (Danbury, CT), a provider of semiconductor materials for the microelectronics and life sciences industries. Under the agreement, Entegris will acquire ATMI for $1.15 billion. The transaction is expected to close in second-quarter 2014. Under the agreement terms, ATMI shareholders will receive $34/share in cash, without interest or dividends, for each share of stock held at the...

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