AITechStartupsabout 1 hour ago
Solstice buys Element Solutions in $14.5B AI deal
1 min read
Solstice Advanced Materials, a Honeywell spinoff, agreed to acquire Element Solutions in a $14.5 billion cash-and-stock deal. The combined company will supply materials for semiconductor manufacturing, electronics, and AI data centers. Solstice shares fell nearly 13% on the announcement. The deal is expected to close in the first half of 2027.
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