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Ametek to acquire Zygo Corp.

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Ametek Inc. is poised to acquire Zygo Corp. for roughly $280 million. The deal was unanimously approved by Zygo’s board of directors but must still be approved by regulators and Zygo's stockholders. MAK Capital One LLC, a financial investment advisory firm controlled by Michael A. Kaufman, the chairman Zygo’s board of directors, which beneficially owns approximately 23.6 percent of the outstanding shares of Zygo, as well Zygo CEO Gary Willis, have agreed to vote their shares of common stock in favor of the merger. The transaction is expected to be completed toward the end of...Read full article

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    Published: April 2014
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    Ametek Inc.BiophotonicsBusinessConnecticutFrank S. HermanceGary WillisindustrialmedicalmetrologyMiddlefieldoptical metrologyOpticsRapidScanSensors & DetectorsZygo Corp.

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