Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

GSI Lumonics Acquires MicroE Systems
Apr 2004
BILLERICA, Mass., April 13 -- GSI Lumonics Inc. announced yesterday it has signed a definitive agreement to acquire all the shares of MicroE Systems Corp. for $55 million in cash. The transaction was approved by the boards of both companies and will be completed subject to customary closing conditions.

MicroE Systems, located in Natick, makes position encoders for precision motion control applications in data storage, semiconductor and electronics, industrial automation and medical markets.

Charles Winston, GSI Lumonics' president and CEO, said, "The agreement to acquire MicroE Systems is consistent with the company's stated acquisition strategy. MicroE Systems products and technology will complement GSI Lumonics' existing portfolio of enabling precision motion components and subsystems."

GSI Lumonics supplies precision motion control components, lasers and laser-based advanced manufacturing systems to medical, semiconductor, electronics and industrial markets.

For more information, visit:

GSI LumonicsindustrialMicroE SystemsMotion ControlNews & Featuresprecision motion components

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.