Fujifilm has entered into a definitive agreement to acquire KMG Corporation, the semiconductor high purity process chemicals (HPPC) business of Entegris for $700 million. This will bring it 12 new sites, including seven manufacturing sites in the US, Europe and Singapore, employing about 560.

The company said that it will now be able to offer a wider range of electronic chemicals, including KMG’s line of HPPCs for etching and cleaning silicon wafers. It will also add KMG’s Total Chemical Management (TCM) business, which includes logistical services in Southeast Asia and Europe.