JSR is buying semiconductor manufacturing technology producer Inpria, giving an exit to fellow corporates SK Hynix, TSMC, Intel, Air Liquide, Applied Materials and Samsung.
Inpria, a US-based semiconductor manufacturing technology provider backed by several corporates, agreed on Friday to a $514m acquisition by one of them: petrochemical materials provider JSR.
JSR already owns a 21% stake in the company, having most recently led its $31m series C round in February 2020. Following the completion of the deal, expected by the end of next month, Inpria will become a wholly-owned subsidiary of JSR.
Founded in 2007, Inpria has created metal oxide photoresists (light-sensitive materials)…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
