• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Merck KGaA Completes Versum Materials Acquisition

    Transaction amounts to around €5.8 billion.

    Merck KGaA Completes Versum Materials Acquisition
    Related CONTENT
    • Versum Stockholders Approve Acquisition by Merck KGaA
    • Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion
    • Intermolecular Stockholders Approve Acquisition by Merck KGaA, Darmstadt, Germany
    • Merck KGaA, Universal Display Announce OLED R&D Collaboration
    • Merck KGaA Sees Profit Jump in Q2 2019
    10.10.19
    Merck KGaA, Darmstadt, Germany announced the closing of the transaction to acquire Versum Materials, Inc. for approximately €5.8 billion.

    The transaction closing followed the recent approval from China’s State Administration for Market Regulation (SAMR), which represented the final regulatory clearance to be obtained for completing the acquisition.

    As a result of the acquisition, the number of Merck KGaA employees will increase by approximately 2,300 to a total of around 56,000 in 66 countries. As of 2022, the third full year after the transaction closing, Merck KGaA expects annual synergies of € 75 million.

    “By acquiring Versum, we will be optimally positioned to capitalize on long-term growth trends in the electronic materials industry. At the same time, we are broadening Performance Materials, balancing our portfolio with three strong business sectors and sharpening our strategic focus on innovation-driven technologies,” said Stefan Oschmann, chairman of the Executive Board and CEO of Merck KGaA.

    Since 2007, Merck KGaA has made acquisitions and divestments with a volume of around € 40 billion, thereby transforming itself into a leading science and technology company. As customary, the company will now focus on generating cash in order to quickly lower its post-acquisition debt.

    “After the most recent acquisition of Intermolecular, this closing marks another major milestone on our Bright Future transformation journey to become a leading player in the electronic materials market,” said Kai Beckmann, member of the Executive Board of Merck KGaA and CEO Performance Materials. “The expertise of our combined business will enable us to offer customers in the electronics industry cutting-edge technology innovations.”

    The former Versum business will be integrated into the Semiconductor Solutions business unit – besides Display Solutions and Surface Solutions one of the three business units of the Performance Materials business sector of Merck KGaA.

    Semiconductor Solutions will consist of two dedicated units: Semiconductor Materials as well as Delivery Systems & Services. Semiconductor Materials will be led by Anand Nambiar, who is currently responsible for the Semiconductor Solutions business unit at Merck KGaA and will continue to focus on the development and commercialization of material-based solutions for semiconductor manufacturers.

    Delivery Systems & Services will be headed by Jeff White (formerly Versum), focusing on the development and deployment of equipment for semiconductor manufacturers. Additionally, this unit will also offer services to support the equipment installed and the safe handling of specialty materials that flow through it.

    In addition to that, John Langan (formerly Versum) will serve as the chief technology officer of Performance Materials. 
    Related Searches
    • electronic materials
    • electronics
    • semiconductor
    • versum materials
    Suggested For You
    Versum Announces China Antitrust Clearance of Merger Versum Announces China Antitrust Clearance of Merger
    Merck KGaA Completes Intermolecular Acquisition Merck KGaA Completes Intermolecular Acquisition
    Merck KGaA Expecting to Achieve Sustainable Profitable Growth in 3 Business Sectors Merck KGaA Expecting to Achieve Sustainable Profitable Growth in 3 Business Sectors
    Versum Materials Exhibiting at SEMICON Taiwan 2019 Versum Materials Exhibiting at SEMICON Taiwan 2019
    Merck KGaA Sees Profit Jump in Q2 2019 Merck KGaA Sees Profit Jump in Q2 2019
    Merck KGaA, Universal Display Announce OLED R&D Collaboration Merck KGaA, Universal Display Announce OLED R&D Collaboration
    Intermolecular Stockholders Approve Acquisition by Merck KGaA, Darmstadt, Germany Intermolecular Stockholders Approve Acquisition by Merck KGaA, Darmstadt, Germany
    Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion Merck KGaA Places Hybrid Bond Amounting to €1.5 Billion
    Versum Stockholders Approve Acquisition by Merck KGaA Versum Stockholders Approve Acquisition by Merck KGaA

    Related Breaking News

    • Breaking News | Conductive Inks and Coatings | Displays and Lighting | Flexible and Printed Electronics | Sensors and Wearables
      Printed Electronics: More Safety, Comfort in Automobiles

      Printed Electronics: More Safety, Comfort in Automobiles

      E-mobility and autonomous driving are advancing developments with the help of printed electronics.
      12.12.19

    • Breaking News | Research Reports | Semiconductors and Quantum Dots
      SEMI Releases Global Semiconductor Equipment Sales Forecast

      SEMI Releases Global Semiconductor Equipment Sales Forecast

      Sales will drop 10.5% to $57.6 billion in 2019 from last year’s historic peak of $64.4 billion but stage a 2020 recovery, per SEMI.
      12.12.19

    • Breaking News | Displays and Lighting
      eMagin Corporation Announces Approximately $4.3 Million Order for Military Program

      eMagin Corporation Announces Approximately $4.3 Million Order for Military Program

      For displays in connection with the U.S. Army’s Enhanced Night Vision Goggle – Binocular (ENVG-B) program.
      12.12.19


    • Breaking News | Flexible and Printed Electronics | Research Institutions
      CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020

      CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020

      CPI helped to develop wet media formulations and timing mechanisms for the new Oli-Tec Time Temperature Indicator label (TTI) technology.
      12.11.19

    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Sensors and Wearables
      Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020

      Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020

      It supports up to four fingers simultaneously touching a smartphone display.
      12.11.19

    • Breaking News | Flexible and Printed Electronics | Manufacturing | Printing | Smart Cards and Packaging
      MGI Receives 2019 Oscar de l

      MGI Receives 2019 Oscar de l'Emballage Award

      In the "Printing and Digital Technologies" category for its "Enhance your Brand" interactive “smart packaging” application model.
      12.11.19


    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | RFID and NFC | Smart Cards and Packaging
      Ynvisible, Identiv Partner on Temperature Tracker Products

      Ynvisible, Identiv Partner on Temperature Tracker Products

      Companies combining Ynvisible’s EC display technology-based visual indicators with Identiv’s range of uTrust Sense Temperature Tracker products.
      12.10.19

    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Personnel
      Tom Peregoodoff Appointed CEO of TF Massif Technologies

      Tom Peregoodoff Appointed CEO of TF Massif Technologies

      Will succeed Judith Stewart who remains with the organization in the role of president.
      12.10.19

    • Breaking News | Displays and Lighting | Mergers and Acquisitions | Semiconductors and Quantum Dots
      Osram’s Managing Board Invites ams to Talks About Future

      Osram’s Managing Board Invites ams to Talks About Future

      Osram management begins talks on way to becoming a joint photonics champion.
      12.10.19


    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Printed Circuit Boards/Membrane Switches/In Mold Electronics | Research Reports | Semiconductors and Quantum Dots | Sensors and Wearables
      Yole: Emerging Printing Fills Gap for Rising Electronics Applications

      Yole: Emerging Printing Fills Gap for Rising Electronics Applications

      According to Yole’s analysts, the emerging printing equipment market is expected to grow at a 5.8% CAGR for the next five years, to reach $781 million in 2024.
      12.10.19

    • Breaking News | Flexible and Printed Electronics | Graphene, Perovskites and Carbon Nanotubes | Photovoltaics | Research Institutions | RFID and NFC | Sensors and Wearables
      European Industries Lead New Graphene Flagship Projects to Shape EU’s Environmental Future

      European Industries Lead New Graphene Flagship Projects to Shape EU’s Environmental Future

      Graphene Flagship has committed €45 million to invest in 11 commercialization projects.
      12.10.19

    • Breaking News | Research Institutions | Semiconductors and Quantum Dots
      Imec Shows Ultra-Scaled FETs with 2D-Material Channel

      Imec Shows Ultra-Scaled FETs with 2D-Material Channel

      2D materials paving way to extreme scaling for logic and memory transistors.
      12.09.19

    • Breaking News | Mergers and Acquisitions | RFID and NFC | Semiconductors and Quantum Dots | Sensors and Wearables
      NXP Completes Acquisition of Marvell’s Wi-Fi, Bluetooth Connectivity Assets

      NXP Completes Acquisition of Marvell’s Wi-Fi, Bluetooth Connectivity Assets

      The agreement was previously announced in May 2019.
      12.09.19

    • Breaking News | Film, Paper, Glass and Substrates | Manufacturing | Research Institutions
      Optoelectronic Systems on Thin Glass

      Optoelectronic Systems on Thin Glass

      Consortium aims to offer a modular system of functional materials, semi-finished products, tools, for the roll-to-roll production of optoelectronic systems.
      12.09.19

    • Breaking News | Graphene, Perovskites and Carbon Nanotubes | Sensors and Wearables
      IDTechEx Show! Announces Graphene Award Winner

      IDTechEx Show! Announces Graphene Award Winner

      Its application was on "Selective CNT Gas Sensors."
      12.09.19

    Breaking News
    • Printed Electronics: More Safety, Comfort in Automobiles
    • SEMI Releases Global Semiconductor Equipment Sales Forecast
    • eMagin Corporation Announces Approximately $4.3 Million Order for Military Program
    • CPI Supports Smart Food-labeling Project Set to Reduce Food Waste in 2020
    • Isorg’s Showcasing Full-screen Fingerprint-on-Display Module at CES 2020
    View Breaking News >
    CURRENT ISSUE

    Fall 2019

    • Smart Packaging Continues to Find New Opportunities
    • In-Mold Electronics Makes Gains in Automotive, Appliances and More
    • Printed Electronics Now’s International Suppliers’ Directory
    • Wearables Market Trending Upward
    • Conductive Ink Conference Highlights Latest Trends
    • View More >
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Deerland Obtains Certification from Australia’s Therapeutic Goods Administration
    OptiMSM Shown to Improve Hair & Nail Appearance and Condition
    DCC Acquires Contract Manufacturer Ion Laboratories
    Coatings World

    Latest Breaking News From Coatings World

    Axalta Adds New Epoxy Primer to Tufcote Liquid Industrial Coatings Portfolio
    Chromaflo Technologies Promotes Sergio Duenas to Country Manager of Mexico
    AkzoNobel Acquiring Mauvilac
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MedStar Health and Cleveland Clinic Innovations Awarded Grant
    3M to Sell Drug Delivery Business for $650M
    First U.S. Patient Implanted With Axonics' Sacral Neuromodulation System
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Almac Group, Exostar Collaborate on IRT Experience
    Northwest Biotherapeutics Expands Management Team
    Catalent Launches Clinical Trial Planning Service
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Time Features 5 Best Beauty Inventions
    CES 2020 Preview - Innovation Award Honorees in Health & Wellness
    Prada & L’Oréal Sign Long-Term Licensing Deal
    Happi

    Latest Breaking News From Happi

    Fragrance Creators Launches Website
    Perfect Corp. Wins Big
    NovaLash Bolsters Ambassador Team
    Ink World

    Latest Breaking News From Ink World

    Ripon Printers Adds Ricoh Pro C9210
    Canon Solutions America, HP, Ricoh Sponsoring Wide-format Summit 2020
    Smurfit Kappa, Wings for Aid Create Disaster Relief Packaging Solution
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Luminer promotes Heather Bookman to prepress manager
    Materials Exchange launches to solve excess inventory issue
    Mark Andy joins forces with UPM Raflatac
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Nice-Pak to Expand in Indiana
    Hospeco Launches Compact Fem Hy Dispenser
    Simavita Set to License Sensor Technology in EU
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Europe, North America Comprise More Than 80 Percent of Global Bone Marrow Transplantation Demand
    TriMed Closes Out FDA Warning Letter
    FDA OKs Shoulder Innovations' Augmented Glenoids for Total Shoulder System
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Kyocera, TactoTek Collaborate on Injection Molded Structural Electronics Solutions
    Toray Opens R&D Innovation Center for the Future
    Printed Electronics: More Safety, Comfort in Automobiles

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.