INFICON Acquires Business of US-Based InstruTech Inc.
• Strengthening research and production base as well as market presence in the USA
• Ideal complement to the vacuum gauge product range
Bad Ragaz/Switzerland, February 1, 2016
INFICON (SIX Swiss Exchange: IFCN), a globally leading manufacturer of vacuum instrumentation and process control software for complex industrial applications, acquires as per February 1, 2016 all assets of InstruTech, Inc., Longmont/CO, USA. Managed by its founders until today, the company develops and produces with some 30 employees mostly highly specialized vacuum gauges as well as one- and multi-channel controllers –products which ideally complement INFICON’s existing product range. Apart from INFICON’s traditional target markets including semiconductor, thin film deposition and displays, InstruTech products are used in many governmental, academic and industrial research and analysis labs and units. INFICON strengthens with this acquisition its research and production base and enhances its presence in the USA in existing and new markets. The terms of the transaction are not disclosed.
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Further information on InstruTech
For more details on InstruTech plese visit http://www.instrutechinc.com.
About INFICON
INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance productivity and quality in sophisticated industrial vacuum processes. These analysis, measurement and control products are essential for gas leak detection in air conditioning/refrigeration, and automotive manufacturing. They are vital to equipment manufacturers and end-users in the complex fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells and industrial vacuum coating applications. Other users of vacuum based processes include the life sciences, research, aerospace, packaging, heat treatment, laser cutting and many other industrial processes. We also leverage our expertise in vacuum technology to provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. INFICON is headquartered in Switzerland and has world-class manufacturing facilities in Europe, the United States and China, as well as subsidiaries in China, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, Singapore, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are listed on SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
• Ideal complement to the vacuum gauge product range
Bad Ragaz/Switzerland, February 1, 2016
INFICON (SIX Swiss Exchange: IFCN), a globally leading manufacturer of vacuum instrumentation and process control software for complex industrial applications, acquires as per February 1, 2016 all assets of InstruTech, Inc., Longmont/CO, USA. Managed by its founders until today, the company develops and produces with some 30 employees mostly highly specialized vacuum gauges as well as one- and multi-channel controllers –products which ideally complement INFICON’s existing product range. Apart from INFICON’s traditional target markets including semiconductor, thin film deposition and displays, InstruTech products are used in many governmental, academic and industrial research and analysis labs and units. INFICON strengthens with this acquisition its research and production base and enhances its presence in the USA in existing and new markets. The terms of the transaction are not disclosed.
E-mail Alerts
To automatically receive notification via e-mail of the latest financial information from INFICON, sign up for e-mail alerts in the Investors section of the INFICON website.
Further information on InstruTech
For more details on InstruTech plese visit http://www.instrutechinc.com.
About INFICON
INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance productivity and quality in sophisticated industrial vacuum processes. These analysis, measurement and control products are essential for gas leak detection in air conditioning/refrigeration, and automotive manufacturing. They are vital to equipment manufacturers and end-users in the complex fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells and industrial vacuum coating applications. Other users of vacuum based processes include the life sciences, research, aerospace, packaging, heat treatment, laser cutting and many other industrial processes. We also leverage our expertise in vacuum technology to provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. INFICON is headquartered in Switzerland and has world-class manufacturing facilities in Europe, the United States and China, as well as subsidiaries in China, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, Singapore, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are listed on SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com.
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.