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GT Advanced Technologies Acquires Thermal Technology

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NASHUA, N.H., May 20, 2013 — GT Advanced Technologies has acquired substantially all of the business of Thermal Technology LLC of Santa Rosa, Calif., for purchase consideration of approximately 3.4 million shares of GT common stock and an earn out. Thermal Technology develops high-temperature thermal and vacuum products used in the fabrication of advanced materials for smartphones, touch screens, LEDs and medical devices. The acquisition will add several products and technologies to GT’s portfolio that will enable the company to address new markets, including annealing technology for the manufacture of...Read full article

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    Published: May 2013
    AmericasBiophotonicsBusinessCaliforniaDisplaysGT Advanced TechnologiesLight SourcesMaterials & ChemicalsNew HampshireThermal TechnologyTom GutierrezLEDs

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