Page 3 - Laird Performance News Today : Breaking News, Live Updates & Top Stories | Vimarsana

DuPont to Acquire Laird Performance Materials from Advent International -- Strengthens DuPont's leadership position in advanced electronic materials for key markets including smart/autonomous vehicles, 5G telecommunications, artificial intelligence, internet of things, and high-performance computing -- Adds critical capabilities and market leading offerings in thermal management and electromagnetic shielding essential to emerging electronic applications -- Significantly accelerates the transformation of E&I's Interconnect Solutions business into a total solutions provider -- Purchase price of...

DuPont said on Monday it would buy Laird Performance Materials for $2.3 billion from private equity firm Advent International, as it looks to expand its portfolio of advanced electronic materials that is used in areas such as smart and autonomous vehicles and fifth generation telecommunications. Rapidly increasing demand for these materials also used in high-performance computing, artificial intelligence, and internet of things has led to electronics becoming a key growth area for DuPont. The company last month forecast full-year profit and revenue above Wall Street expectations on the back...