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Lambda Research Optics, Inc. - DFO

Coreco Completes ITI Acquisition

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MONTREAL, July 5 -- Coreco Inc. has increased its presence as a supplier of vision boards to OEMs and system integrators with the acquisition of Imaging Technology (Bedford, Mass.), Coreco said. As of June 30 Coreco bought all of the remaining shares of Imaging Technology from Fairey Group plc for a total of $14.5 million. Coreco will use Imaging Technology's high-performance, high-volume frame grabbers to strengthen its own line of frame grabbers -- opening Coreco to previously untapped areas of the market, the company said. Right away Coreco will expand its global presence from 20 to...Read full article

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    Published: July 2000
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