© mikael damkier dreamstime.com Business | March 09, 2021
DuPont to acquire Laird Performance Materials
DuPont has entered into a definitive agreement with private equity firm Advent International, to acquire Laird Performance Materials for USD 2.3 billion.
The transaction is expected to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions. Laird Performance Materials is focused on electromagnetic shielding and thermal management with an offering of performance components and solutions that manage heat and protect devices from electromagnetic interference. Laird Performance Materials has a workforce of over 4'300 employees with a global network of 11 manufacturing sites in North America, Europe, and Asia and 2020 revenues of USD 465 million. "The acquisition of Laird Performance Materials is a significant step in advancing DuPont's strategy to grow as a global innovation leader and premier multi-industrial company. Laird Performance Materials is a strategic and complementary addition to the Electronics & Industrial (E&I) business, and our applied material science expertise together with Laird Performance Materials' industry-leading application engineering capabilities further strengthens DuPont as an essential partner for major electronics OEMs and manufacturers," says Ed Breen, CEO of DuPont, in a press release. The transaction brings together DuPont's technology portfolio in films, laminates, and plating chemistry with Laird Performance Materials' electromagnetic shielding and thermal management solutions. The combined organisation aims to make waves in rapidly growing advanced electronics applications supporting smart/autonomous vehicles, 5G telecommunications, artificial intelligence, internet of things, and high-performance computing.
Henkel acquires Thermexit business from Nanoramic Henkel has completed the acquisition of the Thermal Management Materials business of Nanoramic Laboratories (Nanoramic) headquartered in Boston, Massachusetts, USA, marketed under the brand Thermexit.
Mobix Labs to acquire EMI Solutions Fabless semiconductor company, Mobix Labs, says it has signed a definitive agreement to acquire EMI Solutions, an Irvine-based manufacturer of electromagnetic interference (EMI) filtering products.
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Hexatronic acquires the data center specialist Swedish Hexatronic Group has signed an agreement to acquire 90% of the shares in UK-based Impact Data Solutions Limited (IDS Group).
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VinFast and Renesas ink strategic partnership Vietnamese EV maker, VinFast, is expanding its collaboration with Japanese semiconductor company Renesas to include automotive technology development of EVs and delivery of system components.
Intel's close to making final selection for new Italian site The Italian government and Intel have reportedly selected the town of Vigasio in the northeastern Veneto region as their preferred site for the company’s future chip factory in Italy.
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FPT Software launches chipmaking subsidiary Vietnamese ICT company, FPT Software, announces that it has launched a new chip subsidiary, FPT Semiconductor, meaning that the company is entering the booming semiconductor industry.
Habia Cable opens its brand new Polish production facility Habia Cable has officially inaugurated its new, purpose-built, production facility in Poland.
Astera Labs opens new Vancouver location Connectivity solutions specialist Astera Labs has officially opened Astera Labs Vancouver – a new office and lab to support the company’s development of interconnect technologies for AI and Machine Learning architectures.
Qualcomm's automotive design-win pipeline expands to $30B Qualcomm says that its automotive design-win pipeline has grown to USD 30 billion, driven by increased adoption of the company's Snapdragon Digital Chassis solutions across the auto industry.
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Henkel expands South Dakota facility Henkel has broken ground on a 35,000 square-foot expansion of its production facility in Brandon, South Dakota. The expanded facility will add new manufacturing muscles and allow Henkel to increase production of thermal interface materials used to manufacture electronics and electric vehicles.
Mouser adds 35+ new manufacturer brands to its line card Mouser Electronics continues to expand its line card by adding 36 new manufacturers through the end of August 2022.
Intelligent Memory expands its reach in Europe The manufacturer of industrial-grade memory product solutions, has won three new strategic distribution partners in Europe – covering the Benelux region, Poland and the UK.
Indium opens the doors to its expanded operations in Rome In late August 2022 Indium Corporation opened the doors to its latest expansion. The company's facility in Rome, New York is now Indium's largest manufacturing center globally in terms of square footage.
onsemi invests $450 million to expand European SiC fab onsemi says that the newly inaugurated expanded silicon carbide (SiC) fab in Roznov, Czech Republic will increase its the company's SiC wafer production capacity by 16 times over the next two years.
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Nürnberg-based LÖKAST is now an official Metcal distributor OK International announces LÖKAST GmbH in Nürnberg is now an official Metcal distributor.
Mycronic to ship SLX mask writer to Asian customer The Swedish manufacturer of production equipment says that it has received an order for an SLX mask writer from an unnamed – new – customer in Asia.
Skeleton’s supercapacitors to power CAF’s new metro units Supercapacitor specialist Skeleton Technologies says that it will supply supercapacitors to the metro units that the Spanish manufacturer CAF will provide to the city of Granada, Spain.
Strong earthquake shakes Taiwan Updated: A 6.8 magnitude earthquake struck Taitung in the southeastern part of Taiwan on Sunday, local time, reports the Central Weather Bureau (CBW), the country's seismological center.
EPC opens new motor drive center of excellence EPC has opened a new design application center near Turin, Italy, to focus on growing motor drive applications based on GaN technology in the e-mobility, robotics, drones, and industrial automation markets.
Murata to set up a new materials joint venture Murata Manufacturing, Ishihara Sangyo Kaisha and Fuji Titanium Industry – a wholly owned subsidiary of Ishihara Sangyo Kaisha – have signed a basic agreement to establish a joint venture to manufacture barium titanate for use in multilayer ceramic capacitors and other products.
Digi-Key enters distribution deal with Schneider Electric Digi-Key Electronics has secured a distribution agreement in North America with Schneider Electric. As a result of this partnership, Digi-Key now offers a selection of Schneider Electric's power, automation and control, and sensor products.
Lam Research opens new center for engineering in India Lam Research has opened a new Center for Engineering in Bengaluru, India – which is said to be the company's most advanced facility in the country to date.
Toshiba resumes partial production following power outage There was a power outage at Japan Semiconductor Corporation’s Iwate Operations, a key production facility of Toshiba Electronic Devices& Storage Corp, on September 11. Since then the company has resumed some of its production.
Enics opens a business development center in Switzerland The new business development center in Baden, Switzerland is said to "ensure excellence in customer service and strong presence in Central Europe".Load more news