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Entegris Buys MPD, Provider of Advanced Materials, for $165 Million

Entegris, the Billerica, Mass., provider of specialty chemicals for microelectronics, said Monday that it paid $165 million for MPD Chemicals. The privately-held MPD is a provider of advanced materials for use in specialty chemicals, life sciences and technology. Entegris, which financed the deal with cash on hand, said MPD would grow and diversify its engineered-materials portfolio.