Entegris Inc (NASDAQ:ENTG) Partners with SEMATECH, Inc.


Dallas, Texas 09/17/2013 (Financialstrend) – Global supplier to biomedical implantation device manufacturers, solar and life science industries, aerospace manufacturers, glass container manufacturers, flat panel display original equipment manufacturers, microelectronics and other high technology industries, Entegris Inc (NASDAQ:ENTG), develops and manufactures the products which are used in processing and manufacturing of such industries. Entegris Inc (NASDAQ:ENTG) operates in Microenvironments segment, Contamination Control Solutions segment and Specialty Materials segment.

On Monday, September 16 the stock closed at $10.04, just over 0.9% up from its previous close. At the current price the stock is trading around 5.5% below its 52 week high of $10.64. The 52 week low remains at $7.50.

Entegris Inc (NASDAQ:ENTG) and SEMATECH, Inc. yesterday announced their partnership for next-generation wafers and devices through development of nano-scale particle removal processes and cleaning technologies. Under this partnership the company will work with the experts of Nanodefect Center, SEMATECH towards development of newer technologies and early solutions to reduce nano-scale contamination encountered during wafer processing.

SEMATECH, Inc. is the not-for-profit research consortium facilitating advances in chip manufacturing processes, providing custom wafer processing services and publishing technical reports for its members. SEMATECH’s Nanodefect Center has expertise in particle removal, surface cleaning and cleaning technology development and offers comprehensive metrology and analysis capabilities to investigate the issues encountered during the semiconductor processes such as CMP, lithography, deposition, and cleaning.

This collaboration will gainfully address some of the key issues affecting basic aspects of process and equipment design including preparation of critical surfaces through semiconductor manufacturing process. Bertrand Loy, President and CEO of the company announced that the collaboration with SEMATECH will allow us to gainfully leverage our expertise in contamination control towards development of most advanced cleaning processes. Senior Director of Nanodefectivity and Metrology at SEMATECH, Michael Lercel said that the partnership will bring additional expertise to SEMATECH to facilitate our research efforts and strengthen our commitment in identification of challenges of future technology nodes.