Radiocor News

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.

AAA-Hob

(RADIOCOR) 18-07-24 11:00:28 (0280) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.