Intel plans to sell around 20% stake in IMS Nanofabrication business to Bain Capital

News
M&A

The transaction will accelerate innovation of critical multibeam mask-writing tools and foster deeper cross-industry collaboration

In a press release on June 21, Intel announced that it has agreed to sell an approximately 20% stake in its IMS Nanofabrication GmbH (IMS) business to Bain Capital Special Situations (Bain Capital), in a transaction that values IMS at approximately $4.3 billion. The transaction is expected to close in Q3 2023. IMS will operate as a standalone subsidiary and will continue to be led by CEO Dr. Elmar Platzgummer.

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