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Technology Stocks : AMETEK, Inc. (AME)
AME 198.16+7.6%Oct 30 3:59 PM EDT

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From: JakeStraw2/17/2012 9:29:29 AM
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AMETEK Acquires O'Brien Corporation
finance.yahoo.com

--Business Is Highly Differentiated Supplier of Fluid and Gas Handling Solutions to Process Industries--

O'Brien's products and solutions are used in critical applications in process industries worldwide. O'Brien's comprehensive product offering includes pre-insulated tubing bundles, sample conditioning equipment, specialty tubing and fittings, instrument enclosures and process analyzers used in oil and gas production, refining, petrochemical processing, power generation, pharmaceutical manufacture and semiconductor fabrication.

"O'Brien's product lines are both highly differentiated and highly complementary to AMETEK's process instruments businesses. Combined with our analytical instrument solutions, AMETEK now can offer its customers a complete solution for most of their process analysis needs," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.

"We expect to leverage the strong customer relationships of the combined businesses and AMETEK's global capability to further extend O'Brien's reach in key process markets worldwide," adds Mr. Hermance.
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