WRS Materials acquires Isonics Semiconductor Group
WRS Materials LLC said Wednesday it acquired Isonics Semiconductor Group, and also announced a $9.9 million round of equity and debt financing.
San Jose-based WRS did not disclose financial terms of the deal with Vancouver, Wash.-based Isonics, but said the acquisition makes WRS "the only fully integrated secondary silicon materials manager in the U.S."
"The primary product benefits Isonics brings to WRS's product array are the addition of 90 nanometer particle grade reclaimed wafers, as well as expanded production in higher-end 200mm-300mm diameter virgin test particle grade silicon wafers," the company said no fax instant cash advance.
The company's latest funding round was led by Chicago-based Wanxiang America Corp.
Filed under: legal by Finance Boss