# Merck KGaA completes acquisition of Intermolecular for $62M

Merck KGaA completed its acquisition of Intermolecular, Inc., a California-based advanced materials innovation company, for $1.20 per share in an all-cash transaction representing an equity value of approximately $62 million. Approximately 90 employees at Intermolecular's R&D site in San Jose, California will join Merck KGaA's Performance Materials business.

- Type: Acquisition
- Announced: 2019-09-23
- Where: San Jose, California, United States
- Value: $62.0M
- Jobs: 90
- Status: completed
- Products: advanced materials for electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Versum Materials](https://endata.com/companies/1041.md) (target)
- [Merck KGaA](https://endata.com/companies/1393.md) (acquirer)
- [Intermolecular](https://endata.com/companies/42261.md) (target)

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/merck-kgaa-completes-intermolecular-acquisition/), 2019-09-23: "Together we are well-positioned to drive and accelerate future innovations in the electronic materials industry."
- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/versum-announces-china-antitrust-clearance-of-merger/), 2019-10-01: "Versum expects the merger to close on Oct. 7, 2019."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.