Bain Capital to acquire a 20% stake in IMS Nanofabrication from Intel for $860m.

Bain Capital to acquire a 20% stake in IMS Nanofabrication, a high-tech company, from Intel, an American multinational corporation and technology company, for $860m. “The advancement of lithography is critical to driving continued progress in the semiconductor industry, and mask writing plays a central role in the industry’s transition to new patterning technologies, such as high-NA EUV. Bain Capital’s investment and partnership will provide IMS with increased independence and bring strategic perspective to help accelerate the next phase of lithography technology innovation, ultimately benefitting the ecosystem as a whole,” Matt Poirier, Intel Senior Vice President.