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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: JakeStraw10/29/2013 8:08:20 AM
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AMETEK Acquires Creaform, Inc.
finance.yahoo.com

--Leading Developer of Innovative Portable 3D Measurement Technologies--

Creaform is the industry leader in stand-alone portable 3D scanners. These optical devices are used in a growing number of applications to create accurate 3D models and measurements of a wide range of objects. Its products include several families of handheld 3D scanners, portable coordinate measuring machines and related accessories that are widely used in reverse engineering, dimensional inspection, precision manufacturing, non-destructive testing, automated quality control and 3D printing. The Handyscan 3D, a handheld laser scanner used to perform non-contact measurement, leads the market in capability and portability.

"Creaform is an outstanding acquisition. It has an impressive R&D base and an industry-leading position across a number of high growth market applications. Creaform significantly expands the range of non-contact metrology products offered by our Ultra Precision Technology business," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
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