Photovoltaics and semiconductor specialist materials provider Voltaix is be acquired by Air Liquide for an undisclosed sum.
Air Liquide said that the acquisition was expected to close later this summer, pending applicable regulatory approvals.
Voltaix was founded in 1986 and is a manufacturer of materials used in the production of semiconductor devices and advanced solar cells, with expertise in silicon, germanium, and boron chemistries.
Michael J. Graff, Senior Vice-President Americas said, “Air Liquide and Voltaix share a culture of innovation. Joining the resources and expertise of our two companies will expand our product offering for semiconductor manufacturers around the world. Our continuous innovation on new molecules allows us to timely meet the growing consumer demand for increasingly powerful flat screens, tablets and smart phones.”
The company has manufacturing facilities in the US and South Korea employing 185 people.