Billerica, MA 1/22/18—Entegris, a publicly held supplier of specialty chemicals and advanced materials solutions to the microelectronics industry, has acquired Particle Sizing Systems for $37 million in cash. Particle Sizing Systems provides particle sizing instrumentation for liquid applications in the semiconductor and life science industries. Based in Florida with 40 employees, Particle Sizing Systems is expected to have 2018 revenues of less than $15 million. “To stay competitive, our advanced-node customers need tools that allow them to shorten process times while maintaining accuracy and consistency in order to meet the high-quality standards of the manufacturers they partner with,” commented Entegris COO Todd Edlund.  “PSS technology is unique in that it measures every particle in the slurry, making it more accurate than commonly used methods that employ averaging techniques. As a result, this technology eliminates the need for manual sampling and intervention, which is less efficient and runs a higher risk of slurry excursions.” The deal is expected to be accretive to Entegris’ 2018 earnings.

Mr. Edlund told IBO that the company plans to continue selling the life science product lines, and that the company will be fully integrated with Entegris. The Particle Sizing Systems brand will be phased out, but no company employees will be affected by the transaction, according to its website.