Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics Buyers' Guide Photonics Handbook Photonics Dictionary Newsletters Bookstore
Latest News Latest Products Features All Things Photonics Podcast
Marketplace Supplier Search Product Search Career Center
Webinars Photonics Media Virtual Events Industry Events Calendar
White Papers Videos Contribute an Article Suggest a Webinar Submit a Press Release Subscribe Advertise Become a Member


Galileo Pares Business Lines

Electronic tube maker Burle Industries Inc. of Lancaster, Pa., has purchased Galileo Corp.'s scientific detector and spectroscopy products business. That includes single-channel and microchannel detectors, fiber optic lightguides and remote spectroscopy products.

Galileo of Sturbridge, Mass., previously sold manufacturing assets from a discontinued business to IPG Photonics Corp., also of Sturbridge. The transactions leave Galileo with businesses in optical filters and medical instruments for women's health. Josef W. Rokus, Galileo's vice president, did not disclose sale prices, but indicated that the aggregate proceeds -- approximately $8.5 million -- would be used to reduce the company's outstanding debt to below $6 million.

Explore related content from Photonics Media




LATEST NEWS

Terms & Conditions Privacy Policy About Us Contact Us

©2024 Photonics Media