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Dalsa Corp. to Purchase Coreco Inc.

Photonics Spectra
Mar 2005
Dalsa Corp. of Waterloo, Ontario, Canada, has entered an agreement to acquire all of the issued and outstanding shares of Montreal-based Coreco Inc., subject to certain conditions. The purchase, valued at approximately $72 million, will lead to a convergence of technologies, which will initially address market requirements in flat panel display inspection. Dalsa is a specialist in digital cameras and image sensor chips while Coreco produces software, vision processors and smart cameras. The transaction is expected to close in late April.


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