WILMINGTON, Mass. -- BOC Edwards today announced an agreement to acquire Semco Corp. of Livermore, Calif., a supplier of systems for liquid chemical blending, delivery, and collection used in wet deposition processes for copper plating and other semiconductor fab applications.
Based on the agreement, Semco will be purchased with cash payable over five years. The value of assets acquired has been set at $3 million. BOC Edwards said it will also assume $4 million in debt under the purchase agreement.
"The Semco acquisition reinforces BOC Edwards' position as a leader of wet process-enabling technologies to the semiconductor industry," said Neels Kriek, president of the BOC Edwards Chemical Management Division. "We intend to strengthen our OEM programs, support Semco technology globally, and increase our rate of innovation in the critical areas of deposition, etch, clean and planarization."
After the transaction is completed, Semco will be integrated into BOC Edwards' Chemical Management business.
Semco has patented blending and flow control technology, which is used in wafer plating, polishing, and other chemical processes. BOC Edwards said these technologies provide "unsurpassed blend and dosing accuracies."