2000 MEMC acquires 40% share of PHC to increase ownership to 80%; the facility is renamed "MEMC Korea Company", or MKC.
2001 Texas Pacific Group (TPG) purchases E.ON AG's interest In MEMC and restructures its debt.
2002 TPG converts preferred stock to common, increasing its ownership in MEMC to 90%.
2004 MEMC acquires remaining 55 percent of Taisil Electronic Materials Corporation (TEM) from China Steel, Chiao Tung Bank and the China Development Industrial Bank. The joint venture between these companies was formed in 1994.
2004 MEMC announces that it has entered into a licensing agreement with Silicon Genesis Corp. (SiGen) to manufacture wafers using their layer transfer technology. The agreement allows MEMC to utilize SiGen’s NanoTec™ suite of process capabilities in the production of layer transfer wafer products, including SOI and strained SOI.
2005 TPG Wafer Holdings LLC, completes the sale(s) of 85,000,000 shares of common stock. TPG's beneficial ownership of the company's common stock is reduced from 63% to approximately 25%.
2006 MEMC announces $5-6 billion agreement to supply China-based Suntech Power Holdings Co., with solar grade silicon wafers. The agreement covers a 10-year period beginning in the first quarter of 2007. In addition, MEMC receives a warrant to purchase a 4.9% equity stake in Suntech, one of the world’s leading manufacturer’s of photovoltaic (PV) cells.
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