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Technology Stocks : AMETEK, Inc. (AME)
AME 202.15+2.0%3:59 PM EDT

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From: JakeStraw8/5/2014 8:12:26 AM
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AMETEK Announces Two Acquisitions
finance.yahoo.com

-- AMPTEK, Inc. Broadens AMETEK's Materials Analysis Capabilities --
-- Luphos GmbH Adds Unique Technology to AMETEK's Metrology Platform --

AMPTEK, Inc., a privately held provider of x-ray detectors used to identify the composition of materials using x-ray fluorescence (XRF) within the metal, environmental monitoring, petrochemical, semiconductor and research markets

Luphos GmbH, a highly strategic technology acquisition which provides key non-contact metrology technology used in the measurement of complex aspherical lenses and optical surfaces

"Both AMPTEK and Luphos are excellent acquisitions and highly strategic additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in materials analysis and dimensional metrology, two attractive growth platforms. These acquisitions also continue our very strong deployment of capital on acquisitions," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
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