The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Mar. 4, 1:23 PM

Slide #47. CMC Materials, Inc. International Test Solutions, Inc.

Acquirer: CMC Materials, Inc. (NASDAQ:CCMP)
Acquiree: International Test Solutions, Inc.
Details: CMC Materials, Inc. (Nasdaq: CCMP) today announced that it has entered into an agreement to acquire International Test Solutions, Inc. (ITS), a leader in the design and production of innovative, high-performance consumables used to optimize critical semiconductor testing processes. Headquartered in Reno, Nevada and supplying to semiconductor manufacturers globally, ITS will become part of the company's Electronic Materials business segment.

CMC Materials is a supplier of consumable materials to semiconductor manufacturers and pipeline companies. Co.'s segments are: Electronic Materials, which consists of chemical mechanical planarization (CMP) slurries business, CMP pads business, and electronic chemicals business; and Performance Materials, which consists of pipeline and industrial materials business, and QED Technologies International, Inc. (QED) business. QED is a provider of finishing and measurement technology to the precision optics industry. QED's products also include magneto-rheological polishing fluids, consumables, spare and replacement parts, as well as optical polishing services.

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Company Name: 
CMC Materials Inc
Website: 
www.cabotcmp.com
Sector: 
Semiconductors
Number of ETFs Holding CCMP: 
53
Total Market Value Held by ETFs: 
$924.51M
Total Market Capitalization: 
$4.92B
% of Market Cap. Held by ETFs: 
18.81%
 

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Hold (1.75 out of 4)
0th percentile
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