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Asset Acquisition

Photonics Spectra
Jan 2011
Zygo Corp. of Middlefield, Conn., a high-precision optical components and optical metrology instruments provider, has announced that it will buy ASML US Inc.’s optics facility in Richmond, Calif., for between $7 million and $10 million. Zygo will expand its optical manufacturing capabilities considerably with the addition of high-precision optical machining and polishing equipment, aspheric lens manufacturing and diamond turning assets, the company said. It also expects to hire key management and other employees of ASML Optics Richmond, a 60,000-sq-ft facility.


GLOSSARY
metrology
The science of measurement, particularly of lengths and angles.
optical
Pertaining to optics and the phenomena of light.
acquisitionASML Optics RichmondASML US Inc.aspheric lens manufacturingasset acquisitionBusinessCaliforniadiamond turningFacilityindustriallenseslight speedmetrologyopticaloptical componentsoptical machiningoptical metrologyopticsoptics facilityoptifcal manufacturingpolishing equipmentRichmondZygoZygo Corporation

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