Thermo Electron Agrees to Sell Spectra-Physics to Newport
June 1, 2004
Waltham, MA and Irvine, CA —Thermo Electron has entered into a definitive agreement to sell Spectra-Physics, its Optical Technologies Segment, to laser company Newport Corporation for $300 million, consisting of $200 million in cash, 50 million in Newport common stock and a $50 million promissory note. Spectra- Physics’ products include lasers, diffraction gratings, light sources [...]
May 24, 2004
Trevose, PA-GE, a diversified technology, media and financial services company and a leader in the water treatment industry has announced the formation of GE Infrastructure, Water & Process Technologies, a platform comprised of GE Betz, GE Osmonics and GE Glegg. The resulting company’s capabilities provide a comprehensive selection of customized solutions and products available for [...]
April 28, 2004
Littleton, CO- ADA-ES, Inc today announced a cooperative agreement with Thermo Electron Corporation to develop a continuous emission monitoring system (CEMS) for the measurement of mercury in flue gas. Under this agreement, Thermo, the leading supplier of stack gas monitors to the U.S. power generation market, will design and manufacture the mercury CEMS. ADA-ES will [...]
MKS Instruments Elects Leo Berlinghieri as President and COO
April 26, 2004
Wilmington, MA-MKS Instruments, Inc. a leading worldwide provider of process control technologies for improving productivity in semiconductor and other advanced manufacturing processes, today announced that its Board of Directors elected Leo Berlinghieri to the position of President and Chief Operating Officer. He previously served as Vice President and Chief Operating Officer. Mr. Berlinghieri continues to [...]
IDEX Acquires Scivex and Systec
April 26, 2004
Northbrook, IL—IDEX, a provider of positive displacement pumps, dispensing equipment for color formulation and other engineered products, has announced that it plans to acquire Scivex from KRG Capital Partners. Scivex recorded $31 million in revenues in 2003. Its businesses include: Upchurch Scientific, a manufacturer of fluid-transfer components; Sapphire Engineering, a manufacturer of precision components; and [...]
Carl Zeiss SMT Integrates LEO Group
April 21, 2004
Oberkochen, Germany —Carl Zeiss SMT (Semiconductor Manufacturing Technologies) AG, a manufacturer of light optical systems for semiconductor production, has merged with its LEO Electron Microscopy Group subsidiary, which makes and sells electron microscopes, to form a new Nanotechnology Systems Division. “With this step we are accomplishing the complete integration of electron beam technology into the [...]
Smiths Buys Infrared Spectroscopy Company
April 14, 2004
London, England 4/14/04—Smiths Detection plans to acquire SensIR Technologies for $75 million in cash. SensIR manufactures infrared spectroscopy products, including products for first responders and the military. It is a nine-year-old company based in Danbury, Connecticut with 110 employees and sales of $37 million for the year ending March 2004. Smiths Group Chief Executive Keith [...]
Teledyne to Acquire ISCO for $80 Million
April 8, 2004
Los Angeles, CA and Lincoln, NE—Teledyne Technologies has announced a definitive agreement to purchase ISCO for $16 per share, a 32.2% premium over ISCO’s April 7 closing price. In aggregate, the purchase price is estimated at approximately $96 million, including payments for the settlement of outstanding stock options, or $80 million accounting for ISCO’s net [...]
April 5, 2004
Andover, MA – MKS Instruments, Inc. a leading provider of process control technologies for semiconductor and other advanced manufacturing processes, announced that effective today its corporate headquarters have moved to 90 Industrial Way, Wilmington, Mass. 01887, one of its larger operating facilities. The headquarters phone number has changed to 978-284-4000 from 978-975-2350. MKS’ corporate headquarters [...]
April 5, 2004
Austin,TX-Since early 2003, Broadley-James has entered arrangements with key players in the Life Science industry to supply its BioNet Bioreactor Control System, the first digitally networked benchtop bioreactor for cell culture and microbial applications. Emerson Process Management today announced its key role: the BioNet system uses Emerson’s PlantWeb® digital automation system that networks to devices [...]
