Intel (INTC) to Sell Minority Stake in IMS Nanofabrication Business to Bain Capital

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Intel Agrees to Sell Minority Stake in IMS Nanofabrication Business to Bain Capital

June 21, 2023 7:30 AM EDT

Transaction will accelerate innovation of critical multi-beam mask writing tools, foster deeper cross-industry collaboration.

NEWS HIGHLIGHTS

Transaction will accelerate innovation of critical multi-beam mask writing tools and foster deeper cross-industry collaboration. Multi-beam mask writing tools are critical to the semiconductor ecosystem for creating EUV technology. Sale of approximately 20% stake values IMS at approximately $4.3 billion.

SANTA CLARA, Calif. & BOSTON--(BUSINESS WIRE)-- Intel Corporation today announced that it has agreed to sell an approximately 20% stake in its IMS Nanofabrication GmbH (IMS) business to Bain Capital Special Situations (Bain... More