13 September 2012

Voltaix to accelerate capacity expansion with SVIC investment

Voltaix LLC of Branchburg, NJ, USA, which manufactures electronic chemicals and gases used in the production of semiconductor chips, solar cells, and other electronic devices, has secured financing from Samsung Venture Investment Corporation (SVIC), the global investment arm of Samsung. The funding will be used to accelerate the firm’s manufacturing capacity expansions.
Voltaix says that its current and emerging products are essential materials that enable continued scaling of semiconductor logic and memory devices. New Voltaix materials will enable next generation flat panel display, LED, MEMS and power electronics advancements and cost reductions.

“The financing from SVIC will enable us to continue building our worldwide infrastructure and will further accelerate our new product pipeline development activities”, said Dr. Peter Smith, CEO of Voltaix. “We believe our materials innovations will help drive new device architectures and manufacturing technologies to high volume manufacturing.”

Dong-Su Kim, SVIC senior investment director, added, “The increasing demand for novel gases and materials in electronics fabrication has attracted our attention. Based on our analysis of the future demand and the players in the space, we found Voltaix to be the leader and are quite excited about our equity investment.”

Voltaix materials enable logic chips to compute more quickly and solar cells to absorb a broader portion of the solar spectrum, and they improve manufacturability by minimizing defect formation and increasing machine throughput, says the firm.

Voltaix’s products include: germane, diborane, trisilane, and trimethyl boron. The firm uses proprietary synthesis, purification, and packaging technology developed in-house. It also designs and builds its own equipment. The company, founded in 1986, employs more than 100 people at its sites in North Branch, NJ, High Springs, FL, Portland, PA and South Korea. Intel Capital, Novus Energy Partners, and Mission Point Capital Partners are investors in Voltaix.

Tags: Voltaix

Visit: www.samsungventures.com

Visit: www.voltaix.com

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