Through its subsidiary EMD Group Holding II, Germany’s Merck KGaA has agreed to acquire Intermolecular for $1.20 per share, yielding an equity value of $62 million. The US company based in San Jose, California, is a supplier of advanced materials to a range of industries including semiconductors, consumer electronics, automotive and aerospace. In 2018, it had sales of $33.7 million and 90 employees.
Original Article: Merck KGaA Grabs Another Electronics Supplier