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Merck KGaA to buy Unity SC for 155 mln eur, milestone payments
Complements portfolio for semiconductor industry (Il Sole 24 Ore Radiocor) - Berlin , 18 Jul - The German science and technology company Merck KGaA said it plans to acquire Unity SC, a provider of of metrology and inspection instrumentation for the semiconductor industry. The transaction amount includes a payment of 155 million euros as well as further milestone-based payments. Based in Montbonnot-Saint-Martin near Grenoble, France, Unity-SC employs approximately 160 people, of whom 70 work in research & development.
'The acquisition of Unity-SC complements our science and technology-driven portfolio for the semiconductor industry.
It strengthens our ability to benefit from the growth opportunities of Artificial Intelligence as an integrated solutions provider for our customers in developing next-generation chips,' said Belen Garijo, chair of the executive board and CEO of Merck.
The planned acquisition requires a French works council's consultation and is subject to regulatory approval and other closing conditions. The transaction is expected to be completed by the end of 2024.
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(RADIOCOR) 18-07-24 11:00:28 (0280) 5 NNNN