{"id":3920,"date":"2018-10-21T21:06:05","date_gmt":"2018-10-21T21:06:05","guid":{"rendered":"https:\/\/staging.asminternational.org\/edfas\/results\/-\/journal_content\/56\/10192\/35615065\/NEWS\/"},"modified":"2023-02-07T04:52:47","modified_gmt":"2023-02-07T04:52:47","slug":"ultraclean-to-acquire-quantum-global-for-its-microcontamination-analytical-services","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/edfas\/results\/-\/journal_content\/56\/10192\/35615065\/NEWS\/","title":{"rendered":"UltraClean to acquire Quantum Global for its microcontamination analytical services"},"content":{"rendered":"<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Ultra Clean Holdings Inc., Hayward, Calif., has signed an agreement to acquire Quantum Global Technologies (QGT), Philadelphia, <\/span><span style=\"font-size:12.0pt\">for $342 million. <\/span><span style=\"font-size:12.0pt\">QGT is a leading developer and supplier of critical subsystems for the semiconductor and display capital equipment industries. <\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">QGT and its divisions ChemTrace and QuantumClean provide ultra-high purity, sub-10-nm outsourced process tool chamber parts cleaning and coating services, tool part life extension, microcontamination analytical services, and other optimization solutions to the semiconductor wafer fabrication OEM and OPM industries. <\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">QuantumClean employs 1500 people in 19 facilities located in eight countries. ChemTrace focuses on semiconductor, solar, and related industries, and employs about 100 in five labs in three countries.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\"><span style=\"background:white\">Under the agreement, Ultra Clean will pay about $342 million in cash for QGT. In 2017, QGT generated revenue of $217.9 million and net income of $22 million. Ultra Clean expects the deal to close in the third quarter, while adding to its net income in the fourth quarter. <\/span><\/span><span style=\"font-size:12.0pt\">Customary conditions apply, including the expiration or termination of the waiting period under the Hart Scott Rodino Act. <\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\"><a href=\"http:\/\/www.chemtrace.com\">www.chemtrace.com<\/a><\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\"><a href=\"http:\/\/www.quantumclean.com\">www.quantumclean.com<\/a><\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"background:white\"><span style=\"font-family:&quot;Helvetica&quot;,sans-serif\"><a href=\"http:\/\/www.uct.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration:none\"><span style=\"text-underline:none\">www.uct.com<\/span><\/span><\/a> <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ultra Clean Holdings Inc., Hayward, Calif., has signed an agreement to acquire Quantum Global Technologies (QGT), Philadelphia, for $342 million.<\/p>\n","protected":false},"author":63082,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[434,435,436,1],"tags":[],"class_list":["post-3920","post","type-post","status-publish","format-standard","hentry","category-electronics","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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