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AMETEK Acquires Navitar, RTDS Technologies

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AMETEK has added to its photonics portfolio through its acquisition of Navitar Inc., the Rochester, N.Y.-based provider of advanced optical components and solutions for high-precision applications. Navitar’s optical solutions serve critical applications in medical and life sciences, machine vision and robotics, industrial automation, and other end markets. AMETEK also acquired RTDS Technologies Inc., a provider of real-time power simulation systems that is based in Winnipeg, Manitoba, Canada. The combined acquisition price for both companies was $430 million. With the...Read full article

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    Published: November 2022
    Glossary
    optical component
    One or more optical elements – typically cemented together - in an optical system that are treated as a single group; e.g., a beamsplitter, or a cemented doublet or triplet.
    BusinessAmericasOpticsprecision opticsoptical componentNavitarAmetekAmetek Electronic Instruments Groupmergers & acquisitionsmedicallife sciencesindustrialThe News Wire

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