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56 Honeywell spinoff Solstice to acquire Element Solutions in $14.5B deal to expand AI infrastructure business

Startups News
Daniel Levi @ Startups News 1 place · today 12:39 EDT

Honeywell spinoff Solstice to acquire Element Solutions in $14.5B deal to expand AI infrastructure business

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, ...

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