The race to build the infrastructure behind artificial intelligence is driving another multibillion-dollar acquisition. Solstice Advanced Materials, the specialty chemicals company spun off from Honeywell, has agreed to acquire Element Solutions in a cash-and-stock transaction valued at about $14.5 billion, creating a larger supplier of materials used across semiconductor manufacturing, electronics, and AI data centers.
The race to build the infrastructure behind artificial intelligence is driving another multibillion-dollar acquisition. Solstice Advanced Materials, the specialty chemicals company spun off from Honeywell, has agreed to acquire Element Solutions in a… [3355 chars]
Source: TechStartups.com | Published: 2026-07-06T16:39:40Z
Credit: TechStartups.com
