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JMAR to Acquire LXT Group

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CARLSBAD, Calif., Sept. 9 -- JMAR Technologies Inc., a Carlsbad, Calif., maker of laser-based equipment for imaging, analysis and fabrication at the nanoscale, announced it has signed a binding agreement to acquire The LXT Group, which develops optical and electronic systems for real-time detection of microorganisms. The companies formed an alliance last June for the joint development of BioSentry, a laser-based early-warning system to detect microorganisms in water supplies. The agreement calls for the purchase of all of the assets of LXT for $125,000 in cash, cancellation of $125,000 in...Read full article

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    Published: September 2004
    analysisdefenseImagingJmarlaser-based equipmentLXT Groupmicroorganism detectionmicroorganisms in water suppliesnanoscaleNews & Features

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