Digital Specialty Chemicals Receives Investment from Intel Capital
By Business Wire News
By Business Wire News
Digital Specialty Chemicals Limited (DSC), a dual bottom line corporation and leading provider of advanced materials to the semiconductor, pharmaceutical, and specialty chemical markets, announced today that it has received an equity investment from Intel Capital, Intel Corporation’s global investment organization. The investment will enhance the company’s research and development capabilities and will accelerate manufacturing capacity expansion.
DSC specializes in the manufacture of organophosphorus and organometallic chemistries used in both memory and logic thin film atomic layer deposition (ALD) manufacturing processes at leading semiconductor integrated circuit (IC) fabrication sites worldwide. The company is a leader in the manufacturing and handling of both novel specialty chemicals in large volume, high purity air- sensitive chemicals that require nitrogen and vacuum-operated vessels, using high pressure reactors and multiple distillation techniques.
“Since 1987, we have provided custom and high volume high purity chemicals to the semiconductor, pharmaceutical and specialty chemical markets worldwide. Our people, processes and facilities combine to offer the agility of a small, fine- chemical operation with the capacity of a large supplier,” said Dr. Ravi R. Gukathasan, CEO. “We believe that the continuation of Moore’s Law for semiconductor processing will depend greatly on continued innovation of advanced precursors which provides a growth opportunity for DSC. The funding from Intel Capital will help enable us to construct state-of-the-art R&D and manufacturing facilities to meet growing demand for thin film technologies.”
“Materials innovation is critical to enabling new capabilities in semiconductor device design and manufacturing,” said Robert Bruck, corporate vice president and general manager of Global Supply Management at Intel. “We look forward to supporting DSC’s growth including development of new materials technologies for advanced semiconductor manufacturing process technology nodes.”
Digital Specialty Chemicals Ltd is a private dual bottom line corporation, manufacturing fine-chemicals, specializing in organophosphorus and organometallic chemistry. Since 1987, the company has supplied custom and stock chemicals to semiconductor, pharmaceutical, and specialty chemical markets worldwide. Talented and dedicated people are a key source of the company’s competitive advantage and technology; quality, environmental and social responsibility along with an entrepreneurial spirit drives everything they do. Digital operates facilities in Toronto, Canada. Further information about Digital is available at www.digitalchem.com.
About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 366 were acquired or participated in a merger. In 2014, Intel Capital invested $359 million in 125 investments, including 59 new deals. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.
Digital Specialty Chemicals Ltd
Ravi Laxman Ph.D., 1-408-620-1145
Vice President Electronics