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Deposition Sciences Inc. - Difficult Coatings - LB - 8/23

EXFO Acquires EFOS

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QUEBEC CITY, Canada, Mar. 7 -- EXFO Electro-Optical Engineering Inc. has entered into a definitive agreement to acquire EFOS Inc. for 3.7 million EXFO shares and $25 million in cash. At the close of markets on March 5, 2001, the total transaction was worth about $122 million. EFOS, a privately held company in Toronto, develops precision light-based adhesive spot curing technologies as well as curing process control for the optical component manufacturing market.    "EFOS' UV and IR light-based adhesive spot curing technologies are critical for the assembly of optical components," said Germain...Read full article

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    Published: March 2001
    industrialNews & Features

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