CMC Materials to acquire International Test Solutions
AURORA - CMC Materials Inc. Monday said it has entered into an agreement to acquire International Test Solutions Inc., a company that designs and produces products used to optimize semiconductor testing processes.
Terms of the deal were not disclosed. International Test Solutions is based in Reno, Nevada, and supplies semiconductor manufacturers globally.
ITS will become part of CMC Materials's Electronic Materials business segment.
"We are excited about accelerating ITS' growth by leveraging our world-class quality systems and operations, global footprint and technical resources," said David Li, president and CEO of Aurora-based CMC Materials. "We look forward to welcoming ITS' employees to our team and our future together."
CMC Materials is a leading global supplier of consumable materials, primarily to semiconductor manufacturers.