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IOTech Acquires Company

Photonics Spectra
Oct 2004
In Germany, IOTech Ingenieurgesellschaft Optische Technologien mbH of Waghäusel has taken over German Pyramid Optics GmbH of Lederhose to strengthen its operations in the field of fiber and micro-optical components and to extend its portfolio to include optical switches. IOTech shares were used in the transaction to compensate former parent company Physik Instrumente (PI) GmbH & Co. KG of Karlsruhe.

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