Air Liquide Finalizes Acquisition of Electronics Materials Company Voltaix
(Nanowerk News) Air Liquide has finalized its acquisition of Voltaix Inc., a U.S. based electronics materials company. The agreement to purchase Voltaix was first announced on June 12.
This acquisition complements the Air Liquide ALOHA™ product line of advanced precursors, and brings together synergies in molecule discovery and scale up, contributing to accelerate the introduction of a broader portfolio of new high-tech materials to semiconductor manufacturers and therefore enabling the increase in computing power and connectivity.
Founded in 1986, Voltaix is a manufacturer of materials used in the production of semiconductor devices and advanced solar cells, with expertise and global capabilities in silicon, germanium, and boron chemistries. It operates manufacturing facilities in the U.S. in Branchburg (New Jersey), High Springs (Florida) and Portland (Pennsylvania) and in South Korea in Sejong-si (South Chungcheong Province). The company employs 185 people worldwide.
Michael J. Graff, Senior Vice-President Americas and a member of Air Liquide’s Executive Committee, commented: “This acquisition combines the resources and expertise of our two companies and creates synergies and growth opportunities to expand our markets and product offerings for semiconductor manufacturers around the world and to meet the growing consumer demand for increasingly powerful flat screens, tablets and smart phones. We welcome our new employees and look forward to continuing to provide customers with the highest levels of products, services, quality and reliability at the forefront of innovation.”
Peter de Neufville, Chairman of Voltaix Board and John de Neufville, Founder and Chairman of Voltaix’s Executive Committee, commented: “We are pleased to know that the legacy of what we have built at Voltaix, as a result of the contributions of so many talented and dedicated individuals, will now continue under the stewardship of Air Liquide, a company similarly committed to innovation and the needs of customers.”
Air Liquide is the world leader in gases for industry, health and the environment, and is present in 80 countries with close to 50,000 employees. Oxygen, nitrogen, hydrogen and rare gases have been at the core of Air Liquide’s activities since its creation in 1902. Using these molecules, Air Liquide continuously reinvents its business, anticipating the needs of current and future markets. The Group innovates for the good of society while delivering profitable growth and consistent performance.