Shulou(Shulou.com)11/24 Report--

CTOnews.com Intel announced Wednesday that it will sell its 20% stake in IMS Nanofabration to private equity firm Bain Capital.

Reuters calculates that the Austrian chip company is valued at about $4.3 billion (CTOnews.com notes: currently about 30.874 billion yuan), while Intel's 20% stake is worth $860 million (currently about 6.175 billion yuan).

IMS Nanofabration was founded in Vienna in 1985, acquired by Intel in 2015, and released the first commercial multi-beam mask burner (for all process nodes above 7nm) in 2016, mainly producing equipment that is critical to chip manufacturing companies, according to Pexels.

Intel says IMS has delivered a significant return on investment while quadrupling its headcount and productivity. Bain Capital's investment in IMS will allegedly enable it to gain significant market share from chipmakers that widely adopt its tools.

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