DuPont signed an agreement to acquire Laird performance materials. DuPont, a global innovation leader in technology-based materials and solutions, intends to strengthen its position in advanced electronic materials for key markets including smart/autonomous vehicles, 5G telecommunications, artificial intelligence, internet of things, and high-performance computing.?
Laird is very excited about joining the DuPont family soon. Our two firms’ product offerings are highly complementary. The combination of Laird’s?leading electromagnetic and thermal management solutions with DuPont’s technology portfolio in films, laminates, and plating chemistry will enable us to provide a unique and broad range of comprehensive and innovative solutions.?We will grow our?overall expertise in helping our customers advance their?best ideas and deliver essential innovations.?
Laird will be able to address and resolve?increasingly complex challenges involving thermal management, signal integrity, miniaturization, power management, and reliability.?We are confident that the combination of two companies’ technical strengths can, over time, further enhance the capabilities we are able to provide.
The transaction is expected to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions.