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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Thu., Mar. 28, 10:12 AM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #34. GSI Group JADAK LLC

Acquirer: GSI Group (NYSE:GSIG)
Acquiree: JADAK LLC
Details: GSI Group Inc. (NASDAQ: GSIG) (the "Company", "we", "our", or "GSI"), a leading global supplier of precision photonics and motion control components and subsystems to the medical, industrial, electronics and scientific markets, today announced the closing of its acquisition of JADAK LLC and JADAK Technologies Inc. (together, "JADAK"), a North Syracuse, New York-based provider of optical data collection and machine vision technologies to medical device original equipment manufacturers ("OEM's"), for $93.5 million in cash. As a result of this transaction, JADAK is now a wholly owned subsidiary of GSI.

GSI Group is a holding company. Co. designs, develops, manufactures and sells photonic and motion control components and subsystems to original equipment manufacturers in the medical equipment and industrial technology markets. Co. has three segments: Laser Product, which designs, manufactures and markets photonics-based solutions; Medical Technologies, which designs, manufactures and markets visualization solutions, imaging informatics products, optical data collection and machine vision technologies, thermal printers, and measurement instrumentation; and Precision Motion, which designs, manufactures and markets optical encoders and air bearing spindles and precision machined components.

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Company Name:  GSI Group Inc
Website:  www.gsig.com
Sector:  Electronic Equipment & Products
 

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March 28, 2024    10:12 AM Eastern
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