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Tom’s Hardware

Technology

Andrew E. Freedman

Intel to Sell Minority Stake in Austrian Chip Firm

Intel Corporation IMS Austria Bain Capital

Intel Logo

Intel today announced it has agreed to sell an approximately 20% stake in IMS Nanofabrication to Bain Capital, a private equity firm, valuing IMS at approximately $4.3 billion.

Intel first invested in IMS in 2019 and acquired the Vienna, Austria-based business in 2015. IMS makes important chip-making tools, and works specifically on multi-beam mask writing, which has been helpful for leading-edge semiconductor nodes using extreme ultraviolet lithography (EUV).

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