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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: JakeStraw4/11/2014 8:35:14 AM
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AMETEK To Acquire Zygo Corporation
finance.yahoo.com

Founded in 1970 and headquartered in Middlefield, CT, Zygo is a leading provider of optical metrology solutions, high precision optics, and optical assemblies for use in a wide range of scientific, industrial, and medical applications. For the calendar year ended December 31, 2013, Zygo had sales of approximately $162 million.

"Zygo is an excellent acquisition for AMETEK. We are excited about the opportunity to acquire such a strong brand and technology leader," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer. "Zygo's leading position in non-contact optical metrology nicely complements our strength in contact metrology and enables us to offer our customers a full range of metrology solutions."
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