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Merck buys Ormet Circuits to enhance position as semiconductor materials supplier

Ormet has developed conductive pastes which can solve technical challenges in semiconductor packaging, the final stage of semiconductor device fabrication

BS B2B Bureau  |  Darmstadt, Germany 

Germany-based has acquired Inc - an early-stage, venture-capital-backed business located in San Diego (California) - to strengthen its position as a materials supplier for the industry. Ormet has previously been owned by various institutional and private investors, of which PEI Funds, a US-based investment company, was the single largest shareholder. has already held a minority stake in Ormet and has now taken over all remaining shares. The parties have agreed not to disclose the purchase price.
 
“Ormet has developed conductive pastes based on a unique environmental friendly technology which can solve technical challenges in packaging. This is particularly interesting due to the growing demand for highly integrated devices such as mobile phones or wearables,” said Rico Wiedenbruch, head of the materials business unit. packaging is the final stage of device fabrication in which the device is assembled and encased.
 
Ormet’s pastes utilise a novel, patented sintering technology. This technology makes it possible to replace lead-based solders used in applications, as well as enhance the reliability of devices when they are operating at elevated temperatures.
 
Merck’s materials business unit, part of the Group’s performance materials business sector, already has a strong position as a materials supplier. Ormet’s technology will now allow to further strengthen this position and will diversify the product portfolio.
 
is counting on innovative technologies to tap into additional growth areas in the electronics industry to benefit even more from the increasing demand for electronic devices beyond displays. By combining various competencies, will be in an even stronger position in the future to serve the demand for materials with increasingly complex functionalities.

First Published: Mon, December 14 2015. 15:57 IST
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Merck buys Ormet Circuits to enhance position as semiconductor materials supplier

Ormet has developed conductive pastes which can solve technical challenges in semiconductor packaging, the final stage of semiconductor device fabrication

Ormet has developed conductive pastes which can solve technical challenges in semiconductor packaging, the final stage of semiconductor device fabrication Germany-based has acquired Inc - an early-stage, venture-capital-backed business located in San Diego (California) - to strengthen its position as a materials supplier for the industry. Ormet has previously been owned by various institutional and private investors, of which PEI Funds, a US-based investment company, was the single largest shareholder. has already held a minority stake in Ormet and has now taken over all remaining shares. The parties have agreed not to disclose the purchase price.
 
“Ormet has developed conductive pastes based on a unique environmental friendly technology which can solve technical challenges in packaging. This is particularly interesting due to the growing demand for highly integrated devices such as mobile phones or wearables,” said Rico Wiedenbruch, head of the materials business unit. packaging is the final stage of device fabrication in which the device is assembled and encased.
 
Ormet’s pastes utilise a novel, patented sintering technology. This technology makes it possible to replace lead-based solders used in applications, as well as enhance the reliability of devices when they are operating at elevated temperatures.
 
Merck’s materials business unit, part of the Group’s performance materials business sector, already has a strong position as a materials supplier. Ormet’s technology will now allow to further strengthen this position and will diversify the product portfolio.
 
is counting on innovative technologies to tap into additional growth areas in the electronics industry to benefit even more from the increasing demand for electronic devices beyond displays. By combining various competencies, will be in an even stronger position in the future to serve the demand for materials with increasingly complex functionalities.
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Business Standard
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Merck buys Ormet Circuits to enhance position as semiconductor materials supplier

Ormet has developed conductive pastes which can solve technical challenges in semiconductor packaging, the final stage of semiconductor device fabrication

Germany-based has acquired Inc - an early-stage, venture-capital-backed business located in San Diego (California) - to strengthen its position as a materials supplier for the industry. Ormet has previously been owned by various institutional and private investors, of which PEI Funds, a US-based investment company, was the single largest shareholder. has already held a minority stake in Ormet and has now taken over all remaining shares. The parties have agreed not to disclose the purchase price.
 
“Ormet has developed conductive pastes based on a unique environmental friendly technology which can solve technical challenges in packaging. This is particularly interesting due to the growing demand for highly integrated devices such as mobile phones or wearables,” said Rico Wiedenbruch, head of the materials business unit. packaging is the final stage of device fabrication in which the device is assembled and encased.
 
Ormet’s pastes utilise a novel, patented sintering technology. This technology makes it possible to replace lead-based solders used in applications, as well as enhance the reliability of devices when they are operating at elevated temperatures.
 
Merck’s materials business unit, part of the Group’s performance materials business sector, already has a strong position as a materials supplier. Ormet’s technology will now allow to further strengthen this position and will diversify the product portfolio.
 
is counting on innovative technologies to tap into additional growth areas in the electronics industry to benefit even more from the increasing demand for electronic devices beyond displays. By combining various competencies, will be in an even stronger position in the future to serve the demand for materials with increasingly complex functionalities.

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Business Standard
177 22