MERSEN (EPA:MRN) - Mersen announces a strategic investment in silicon carbide semiconductor technology

Transparency directive : regulatory news

11/04/2018 17:40

PRESS RELEASE

MERSEN ANNOUNCES A STRATEGIC INVESTMENT IN SILICON CARBIDE (SIC) SEMICONDUCTOR
                                   TECHNOLOGY

PARIS, APRIL 11, 2018 - Mersen (Euronext FR0000039620 - MRN), a global expert
in electrical power and advanced materials, announces an agreement to acquire
49% of CALY Technologies, a Lyon- based start-up company developing Silicon
Carbide (SiC) semiconductor devices along with a proven experience on
protection functions.

Mersen and CALY Technologies unite their strength to better serve power
electronics and electrical distribution markets with innovating and disruptive
products. This move is the outcome of several years of collaboration and
co-patented core technology developments.

Thanks to this investment, Mersen will expand its portfolio of over-current,
surge protection and current limiting products and solutions while developing
its expertise in semiconductor technologies. These semiconductor electrical
protection devices will serve fast growing markets such as Electric Vehicles,
Electrical Energy Storage, Critical-Load Buildings, Photovoltaics and
Aerospace.

The amount of the investment is not material for Mersen.

ABOUT MERSEN

A global expert in electrical power and advanced materials, Mersen designs
innovative solutions to address its clients' specific needs to enable them to
optimize their manufacturing performance in sectors such as energy,
electronics, transportation, chemicals & pharmaceuticals and process
industries.

ABOUT CALY TECHNOLOGIES

Caly Technologies is devoted to the development, manufacturing and
commercialization of specialty Silicon Carbide (SiC) semiconductor devices,
targeting highly demanding Advanced Protection and Power Conversion
applications. Served markets comprise Transportation and EV, Industrial,
Aerospace, Smart Grid, Medical, Residential, Data Centers.

MERSEN IS LISTED ON EURONEXT PARIS - COMPARTMENT B

INVESTOR RELATIONS                MEDIA RELATIONS
Véronique Boca                    Stanislas Mulliez/Guillaume Granier
VP, Communication
Mersen                            FTI Consulting Strategic Communications
Tel. + 33 (0)1 46 91 54 40        Tel. +33 (0)1 47 03 68 10
Email: dri@mersen.com             Email:
                                  stanislas.mulliez@fticonsulting.com /
                                  guillaume.granier@fticonsulting.com

WWW.MERSEN.COM

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