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Halma Buys Fiberguide

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AMERSHAM, England, Sept. 9, 2008 -- Sensor, safety and technology group Halma announced Tuesday it has acquired Fiberguide Industries Inc. for an initial payment of $14.5 million in cash.

Fiberguide, located in Stirling, N.J., makes complex optical fiber cables and assemblies, predominantly custom designed for OEMs in diverse end markets where high performance light delivery or measurement is required. Approximately half of their revenues (about $10.7 million in 2007) come from medical/biomedical, spectroscopic and analytical instrument applications. Fiberguide will join Halma's Photonics business within its Health and Analysis sector, the company said.

"Fiberguide deepens our presence within the growing photonics market and strengthens our existing fiber optic assembly activities. There are excellent opportunities for Fiberguide to develop strongly within Halma -- particularly through technical collaboration and growth in international markets which currently represent less than 5 percent of Fiberguide's revenues," said Andrew Williams, Halma's chief executive.

Other companies in Halma's Boonton, N.J.-based Health Optics and Photonics group include Ocean Optics of Dunedin, Fla., a manufacturer of miniature fiber optic spectrometers; and Labsphere of North Sutton, N.H., a maker of light testing and measurement products and specialized optical coatings.

Halma said the acquisition was funded from its existing cash and debt facilities. If Fiberguide meets certain performance targets between Oct. 3, 2009, and Oct. 2, 2010, Halma could pay up as much as $10 million more for the acquisition.

For more information, visit: www.halma.com
Deposition Sciences Inc. - Difficult Coatings - MR-8/23

Published: September 2008
Glossary
nano
An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
optical
Pertaining to optics and the phenomena of light.
optical fiber
Optical fiber is a thin, flexible, transparent strand or filament made of glass or plastic used for transmitting light signals over long distances with minimal loss of signal quality. It serves as a medium for conveying information in the form of light pulses, typically in the realm of telecommunications, networking, and data transmission. The core of an optical fiber is the central region through which light travels. It is surrounded by a cladding layer that has a lower refractive index than...
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
spectrometer
A kind of spectrograph in which some form of detector, other than a photographic film, is used to measure the distribution of radiation in a particular wavelength region.
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