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

Helix Technology Agrees to Purchase IGC Polycold

Photonics Spectra
Feb 2005
Vacuum and cryogenic product supplier Helix Technology Corp. of Mansfield, Mass., has agreed to acquire IGC Polycold Systems Inc. of Petaluma, Calif., for $49.2 million in cash and up to $3.3 million in transaction-related tax payments. IGC, a subsidiary of Intermagnetics General Corp., produces high-speed water vapor cryopumping and cryogenic cooling products. The arrangement will extend the offerings and marketing reach of Helix's CTI-Cryogenics, which, together with its Granville-Phillips operations, provides components and subsystems that are used in the production of semiconductors, flat panel displays and data storage devices. Subject to customary closing conditions, the acquisition is scheduled for completion this quarter.

BusinessConsumercryogenic cooling productscryogenic productcryopumpingHelix Technology Corp.IGC Polycold Systems Inc.light speedsemiconductorsvacuum

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 Subscribe to Photonics Spectra magazine - FREE!
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.