FUJIFILM Successfully Completes Acquisition of High-Purity Solvent      Manufacturer, Ultra Pure Solutions, Inc., for Its Electronic Materials      Business
December 01, 2015 08:30 AM Eastern Standard Time
NORTH KINGSTOWN, R.I. & CASTROVILLE, Calif.--( BUSINESS WIRE )--FUJIFILM Corporation today completed its previously-announced      acquisition of Ultra Pure Solutions, Inc. (“UPSI”), based in      Castroville, California, by its electronic materials manufacturing and      marketing subsidiary, FUJIFILM Electronic Materials U.S.A., Inc.      (“FEUS”). UPSI, a U.S. manufacturer of high-purity solvents used in      semiconductor-related manufacturing processes, is now a wholly-owned      subsidiary of FEUS with the new name FUJIFILM Ultra Pure Solutions, Inc.
Dr. Brian O’Donnelly, President & CEO, FUJIFILM Electronic Materials      U.S.A., Inc., said: “We are very excited about this acquisition. It      serves as a good example of Fujifilm’s efforts to focus on developing      the company’s highly functional materials business, and will reinforce      Fujifilm’s strategy of broadening our product offerings to better serve      our customers.”
FUJIFILM Ultra Pure Solutions, Inc. has facilities in Castroville,      California and Carrollton, Texas producing a broad range of high-purity      solvents to meet the demanding needs of its customers which include      major semiconductor and other chemical manufacturers. Currently, the      business is one of the main suppliers of select high-purity solvents in      the U.S., with a customer base throughout the country. The acquisition      complements FUJIFILM Electronic Materials’ current product lines which      also includes high-purity solvents as well as photoresists, developers,      cleaners, CMP slurries, polyimides and other enabling chemistries for      use in semiconductor fabrication. About Fujifilm
FUJIFILM Electronic Materials U.S.A., Inc. is a wholly-owned subsidiary      of FUJIFILM Corporation. Fujifilm’s global electronic materials business      has offices in Japan, the United States and Belgium, and manufacturing      and R&D facilities located worldwide. The company supplies advanced      technology, chemistry and delivery equipment such as photoresists,      cleaners and CMP slurries to the semiconductor and image sensor markets. For more information, please visit: www.fujifilm-ffem.com . FUJIFILM Corporation is a wholly-owned subsidiary of FUJIFILM Holdings      Corporation, Tokyo, Japan. Fujifilm brings continuous innovation and      leading-edge products to a broad spectrum of industries, including:      healthcare, with medical systems, pharmaceuticals and cosmetics; graphic      systems; highly functional materials, such as flat panel display      materials; optical devices, such as broadcast and cinema lenses; digital      imaging; and document products. These are based on a vast portfolio of      chemical, mechanical, optical, electronic, software and production      technologies. In the year ended March 31, 2015, the company had global      revenues of $20.8 billion, at an exchange rate of 120 yen to the dollar. Fujifilm is committed to environmental stewardship and good corporate      citizenship. For more information, please visit: www.fujifilmholdings.com . About FUJIFILM Ultra Pure Solutions
FUJIFILM Ultra Pure Solutions, Inc. is a supplier of key high purity      solvents in North America, serving the market leaders in the      semiconductor, disk drive, pharmaceutical and bio-tech industries. The      company has a full array of custom packaging, blending, and purification      capabilities to serve customers. For more information, please visit: www.FujifilmUltraPure.com . All product and company names herein may be trademarks of their      registered owners. Contacts

FUJIFILM Successfully Completes Acquisition of High-Purity Solvent Manufacturer, Ultra Pure Solutions, Inc., for Its Electronic Materials Business

FUJIFILM to Expand Its Electronic Materials Business with Agreement      to Acquire High-Purity Solvent Manufacturer, Ultra Pure Solutions, Inc.
September 30, 2015 03:05 PM Eastern Daylight Time
NORTH KINGSTOWN, R.I. & CASTROVILLE, Calif.--( BUSINESS WIRE )--FUJIFILM Corporation today announced the signing of an agreement to      acquire the U.S. solvent manufacturer, Ultra Pure Solutions, Inc.      (“UPSI”), based in Castroville, California, by Fujifilm’s electronic      materials manufacturing and marketing subsidiary, FUJIFILM Electronic      Materials U.S.A., Inc. (“FEUS”). Upon completion of the acquisition,      UPSI, a manufacturer of high-purity solvents used in      semiconductor-related manufacturing processes will become a subsidiary      of FEUS, to be known as FUJIFILM Ultra Pure Solutions, Inc. The      acquisition, which is subject to the satisfaction of customary closing      conditions, is expected to be completed this year. “This acquisition will further reinforce Fujifilm’s global leadership      and commitment to the semiconductor industry," said Dr. Brian      O’Donnelly, President & CEO, FUJIFILM Electronic Materials U.S.A., Inc.      "Fujifilm’s market and manufacturing leadership will be strengthened by      adding Ultra Pure Solutions’ high-purity product line, manufacturing      infrastructure and supply chain to our existing competencies in      providing our customers with advanced semiconductor materials technology      solutions and delivery equipment.”
“This is an exciting new chapter for us,” said Christopher Fitzjohn,      President and founder, Ultra Pure Solutions, Inc. “With the combined      strength and capability of FUJIFILM Electronic Materials and Ultra Pure      Solutions, I have no doubt that together, we will be able to expand the      business and provide solutions for a variety of customers worldwide.”
Solvents are used widely in semiconductor-related manufacturing      processes, such as cleaning and rinsing silicon wafers carrying      electronic circuits as well as producing and processing photoresists      used in semiconductor manufacturing. In these semiconductor-related      manufacturing processes, the presence of impurities in solvents, such as      metal ions and ultra-small foreign particles, can reduce the yield rate      of semiconductor products. With semiconductors’ electronic circuits      becoming smaller and finer, solvents must have even greater purity. UPSI has facilities in Castroville, California and Carrollton, Texas      capable of producing select high-purity solvents meeting demanding      customer requirements. UPSI also has a broad product lineup catering to      other diverse customer needs. Currently, it is one of the main suppliers      of these select high-purity solvents in the U.S., with a customer base      including major semiconductor manufacturers and chemical manufacturers      throughout the country. Fujifilm, while focusing on the development, production and sale of      photoresists, developers, cleaners, CMP slurries and other enabling      chemistries for use in semiconductor fabrication, also manufactures and      sells high purity solvents. Upon completion, this latest acquisition is      a good example of Fujifilm’s efforts to focus on developing the      company’s highly functional materials business, and will reinforce      Fujifilm’s current strategy of broadening its product offerings to      further expand its electronic materials business. About FUJIFILM Electronic Materials U.S.A., Inc.
FUJIFILM Electronic Materials U.S.A., Inc. is a wholly-owned subsidiary      of FUJIFILM Corporation. Together with its global affiliates, it has      offices in Japan, the United States and Belgium, and manufacturing and      R&D facilities located worldwide. The company supplies advanced      technology, chemistry and delivery equipment such as photoresists,      cleaners and CMP slurries to the semiconductor and image sensor markets. For more information visit: www.fujifilm-ffem.com . About FUJIFILM Corporation
FUJIFILM Corporation is a wholly-owned subsidiary of FUJIFILM Holdings      Corporation, Tokyo, Japan. Fujifilm brings continuous innovation and      leading-edge products to a broad spectrum of industries, including:      healthcare, with medical systems, pharmaceuticals and cosmetics; graphic      systems; highly functional materials, such as flat panel display      materials; optical devices, such as broadcast and cinema lenses; digital      imaging; and document products. These are based on a vast portfolio of      chemical, mechanical, optical, electronic, software and production      technologies. In the year ended March 31, 2015, the company had global      revenues of $20.8 billion, at an exchange rate of 120 yen to the dollar. Fujifilm is committed to environmental stewardship and good corporate      citizenship. For more information, please visit: www.fujifilmholdings.com . About Ultra Pure Solutions, Inc.
Ultra Pure Solutions, Inc. is a supplier of key high purity solvents in      North America, serving the market leaders in the semiconductor, disk      drive, pharmaceutical and bio-tech industries. The company has a full      array of custom packaging, blending, distillation, and purification      capabilities to serve customers. For more information, go to: www.ultrapuresolutions.net . All product and company names herein may be trademarks of their      registered owners. Contacts

FUJIFILM to Expand Its Electronic Materials Business with Agreement to Acquire High-Purity Solvent Manufacturer, Ultra Pure Solutions, Inc.

Acquired

Ultra Pure Solutions is a manufacturer of high purity chemicals in North America, serving the semiconductor, disk drive, flat panel, pharmaceutical, and bio-tech industries. The company has a full array of custom packaging, blending, distillation, and purification capabilities to serve customers.

Date	9/30/2015
Round	Acquired
Amount
Investors	Fujifilm
Valuation	$XXM
Revenue	0 FY undefined
Sources	2

First funding	9/30/2015
Last Funding	9/30/2015
Investor	Fujifilm
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	Japan

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