Ultra Clean Holdings completed the acquisition of HIS Innovations Group for $100m.

Ultra Clean Holdings, a semiconductor fabrication firm, completed the acquisition of HIS Innovations Group, a supplier of semiconductor sub-fab components, for $100m. "This acquisition aligns with UCT's long-term strategy to pursue sustained and profitable growth by offering a more diversified portfolio of high-quality, high-value solutions to our customers. This acquisition increases our vertical capabilities and synergies, extends our reach into the sub-fab area, and expands our addressable market by approximately $1.5bn. With more than 60 new fabs being built, this represents a meaningful growth opportunity," Jim Scholhamer, UCT CEO.