INFICON to Acquire Adixen Scandinavia AB from Pfeiffer Vacuum
New market opportunities with hydrogen leak detection technology
Bad Ragaz/Switzerland, (August 2, 2011). INFICON (SIX Swiss Exchange: IFCN) a leading, worldwide manufacturer of instrumentation and process control software for advanced industrial vacuum processes, announces its intent to acquire the hydrogen leak detection specialist Adixen Scandinavia AB from Pfeiffer Vacuum. The transaction is expected to be closed during the course of current the third quarter.
INFICON and Pfeiffer Vacuum have agreed that INFICON will acquire Adixen Scandinavia AB, based in Linköping/Sweden. With about 20 employees mainly in R&D, marketing and applications, this entity is a global leader in leak detection with hydrogen as a testing gas. Such leak detectors are globally used to check applications with potentially higher leak rates in industries such as public utilities, automotive and fuel cell technology. This acquisition complements INFICON’s expertise in leak detection applications with potentially higher leak rates and will allow INFICON to address new market segments including public utilities, automotive and fuel cell technology. The two parties have agreed not to disclose further financial details.
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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, Japan, Korea, Liechtenstein, Singapore, 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.
Bad Ragaz/Switzerland, (August 2, 2011). INFICON (SIX Swiss Exchange: IFCN) a leading, worldwide manufacturer of instrumentation and process control software for advanced industrial vacuum processes, announces its intent to acquire the hydrogen leak detection specialist Adixen Scandinavia AB from Pfeiffer Vacuum. The transaction is expected to be closed during the course of current the third quarter.
INFICON and Pfeiffer Vacuum have agreed that INFICON will acquire Adixen Scandinavia AB, based in Linköping/Sweden. With about 20 employees mainly in R&D, marketing and applications, this entity is a global leader in leak detection with hydrogen as a testing gas. Such leak detectors are globally used to check applications with potentially higher leak rates in industries such as public utilities, automotive and fuel cell technology. This acquisition complements INFICON’s expertise in leak detection applications with potentially higher leak rates and will allow INFICON to address new market segments including public utilities, automotive and fuel cell technology. The two parties have agreed not to disclose further financial details.
E-mail Alerts
To automatically receive notification via e-mail of the latest financial information from INFICON, sign up for e-mail Alert in the Investors section of the INFICON website.
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, Japan, Korea, Liechtenstein, Singapore, 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.