Pure Wafer, America’s largest and most advanced supplier of silicon solutions and services announced today that leading New York – based, private equity group, ZMC, has acquired the Company, which includes its six key, synergistic silicon services and solutions businesses: silicon wafer reclaim, thin-films, parts cleaning, wafer brokerage, wafer management and specialty foundry services. With the acquisition by ZMC, Pure Wafer will undertake a new growth phase with substantial investments in fab capacity expansion across its U.S. wafer fab operations, including significant investment in advanced technology and tooling to meet the demand of top semiconductor original equipment makers (OEMs) and the semiconductor integrated device manufacturers (IDMs) they serve.
ince 2019, Pure Wafer has grown significantly, expanding its footprint among semiconductor OEMs and IDMs alike. In the process, it has greatly expanded its product offerings with the addition of new parts cleaning, foundry, films and wafer management businesses to augment its silicon reclaim and wager brokerage businesses. This has firmly established Pure Wafer as the largest and most advanced silicon solutions company in the USA. Now, through the ZMC acquisition, an injection of new resources and other support will be provided to the Company which will enable the management team to fuel the next wave of Pure Wafer growth.
“A shared vision and an understanding of the commitment needed to drive a winning growth plan underpins this inspiring new partnership, commented S. Mark Borowicz, CEO, Pure Wafer. “ZMC’s investment in advanced technology, operational capabilities and equipment to drive growth will help us extend our leadership and enhance our unique offerings to more quickly meet the needs of new and existing semiconductor customers.”
“Worldwide semiconductor demand is surging, and we are excited to support Pure Wafer’s expansion plan to meet this moment,” said Andrew Vogel, co-Chief Investment Officer and Managing Partner at ZMC. “The investment in Pure Wafer emanates from ZMC’s thematic focus on the explosion of data stemming from technological innovation. We are impressed with what the team at Pure Wafer has built, its continued focus on technological innovation and strong industry leadership. We are excited to partner with them in this next growth phase.”
The semiconductor industry is expected to surpass $1 trillion by 2030 powered by demand for a diverse range of disruptive technologies and emerging applications – from AI, autonomous and electric vehicles, and high-performance computing to 6G and autonomous machines. The SEMI trade association expects 109 new wafer fabs to be commissioned by 2026 to support this growth with many being set up in the United States. According to SEMI, 89 of these planned multi-billion-dollar wafer fabs have already broken ground and begun equipping or construction. Additional semiconductor wafer fabs will be required by the end of the decade to meet the heightened demand for AI chips in the USA.