Versum Materials

Versum Materials, Inc.

Company type	Subsidiary of Merck Group
Industry	Chemicals
Founded	October 3, 2016; 8 years ago (2016-10-03) in Tempe, Arizona, United States
Headquarters	Tempe, Arizona , U.S.
Area served	Global
Key people	Guillermo Novo, President, CEO & Director
Products	Specialty materials for the semiconductor and display industries
Number of employees	2,200 (2017)
Parent	Merck Group
Website	www.versummaterials.com

Versum Materials, Inc. is an American company that manufactures chemical-mechanical planarization slurries, ultra-thin dielectric and metal precursors of film, formulated cleans and etching products, and delivery equipment for the semiconductor industry. It is a subsidiary of Merck Group.

History

On October 3, 2016, Air Products & Chemicals completed the corporate spin-off of the company.[1]

In 2017, the company acquired Dynaloy from Eastman Chemical Company for approximately $13 million to expand its Surface Prep and Cleans business.[2]

In October 2019, Merck Group acquired the company.[3]

References

1. "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015.
2. "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging" (Press release). Business Wire. July 11, 2017.
3. "Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials" (Press release). Business Wire. October 7, 2019.