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FEINFOCUS Acquired by COMET AG
April 22, 2004 |Estimated reading time: 1 minute
Stamford, Conn. and Switzerland — FEINFOCUS has agreed to be acquired by COMET AG.
This acquisition represents a powerful partnering of the industry leaders in microfocus X-ray technology and conventional X-ray technology. As the world leader in sealed X-ray tube manufacturing, COMET will be acquiring the world leader for demountable, or "open" X-ray tube technology to further enhance their X-ray technology portofolio.
The combined companies will create a powerful global market presence, providing customers with the most complete offering of X-ray technology and products in the world. In addition, both companies seek to capitalize on continuing opportunities from industry trends toward smaller feature sizes, 3-D computed tomography (CT) applications and the departure from film-based imaging.
Organizationally, there is little duplication between the two companies. FEINFOCUS will immediately expand its presence in Asia through COMET's Shanghai office, and COMET will take immediate advantage of FEINFOCUS' strong North American presence in Connecticut and California.
FEINFOCUS is an award-winning global leader in high-resolution X-ray inspection systems and tubes. For more information, visit www.feinfocus.com.
COMET is a world market leader in the development, production and sales of industrial X-ray tubes for security and non-destructive testing applications and vacuum capacitors for the broadcasting and semiconductor industries. The group also delivers dosimetry services and -systems for the protection of professionals exposed to ionizing radiation and is engaged in the industrialization of a novel mass spectrometer. For more information, visit www.comet.ch.