Air Liquide to Acquire Voltaix, an Electronics Materials Company

  Air Liquide to Acquire Voltaix, an Electronics Materials Company

Business Wire

PARIS & HOUSTON -- June 12, 2013

Air Liquide has signed an agreement to acquire Voltaix Inc., a U.S. based
electronics materials company. The acquisition is expected to close later this
summer, pending applicable regulatory approvals.

Founded in 1986, Voltaix is a manufacturer of materials used in the production
of semiconductor devices and advanced solar cells, with expertise and global
stewardship in silicon, germanium, and boron chemistries. It operates
manufacturing facilities in the U.S. in Branchburg (New Jersey), High Springs
(Florida) and Portland (Pennsylvania) and in South Korea in Sejong-si (South
Chungcheong Province). The company employs 185 employees.

Air Liquide, with its ALOHA™ product line, is recognized as an industry leader
in advanced precursors for semiconductor manufacturing. Precursors are
molecules with specific physical and chemical properties that are used for
depositing critical layers during fabrication of microelectronic devices. Air
Liquide utilizes a comprehensive process for designing, screening and
industrializing advanced precursors in close cooperation with semiconductor
industry leaders and process tool makers.

The acquisition of Voltaix complements the ALOHA™ offer and brings together
synergies in molecule discovery and scale up, contributing to accelerate the
introduction of a broader portfolio of new high-tech materials to
semiconductor manufacturers and therefore enabling the increase in computing
power and connectivity.

Michael J. Graff, Senior Vice-President Americas and a member of Air Liquide’s
Executive Committee, commented: “Air Liquide and Voltaix share a culture of
innovation. Joining the resources and expertise of our two companies will
expand our product offering for semiconductor manufacturers around the world.
Our continuous innovation on new molecules allows us to timely meet the
growing consumer demand for increasingly powerful flat screens, tablets and
smart phones.”

Air Liquide is the world leader in gases for industry, health and the
environment, and is present in 80countries with close to 50,000employees.
Oxygen, nitrogen, hydrogen and rare gases have been at the core of Air
Liquide’s activities since its creation in 1902. Using these molecules, Air
Liquide continuously reinvents its business, anticipating the needs of current
and future markets. The Group innovates for the good of society while
delivering profitable growth and consistent performance.

Innovative technologies that curb polluting emissions, lower industry’s energy
use, recover and reuse natural resources or develop the energies of tomorrow,
such as hydrogen, biofuels or photovoltaic energy… Oxygen for hospitals, home
healthcare, fighting nosocomial infections… Air Liquide combines many products
and technologies to develop valuable applications and services not only for
its customers but also for society.

A partner for the long term, Air Liquide relies on employee commitment,
customer trust and shareholder support to pursue its vision of sustainable,
competitive growth. The diversity of Air Liquide’s teams, businesses, markets
and geographic presence provides a solid and sustainable base for its
development and strengthens its ability to push back its own limits, conquer
new territories and build its future.

Air Liquide explores the best that air can offer to preserve life, staying
true to its Corporate Social Responsibility and sustainable development
approach. In 2012, the Group’s revenues amounted to €15.3billion of which
82% were generated outside France. AirLiquide is listed on the Paris Euronext
stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones
Euro Stoxx 50 indexes.

Air Liquide Electronics
With over 3,500 employees and €1,222million of revenue in 2012, AirLiquide
Electronics has activities in ultra-pure carrier and specialty gases, new
molecules, related equipment and customized services.

The Electronics division management is based in Asia to enhance its proximity
to the markets for semiconductors, flat panel displays and solar

ALOHA^TM deploys its global competencies in designing, screening and
manufacturing of novel precursors in close alignment with semiconductor
industry leaders. ZyALD^TM, TORuS^TM, SAM.24^TM and TSA are some of the
industry recognized value added molecules that ALOHA^TM has successfully
designed and industrialized over the years.


Air Liquide
U.S. Corporate Communications
Heather Browne, +1 713-624-8594
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