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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Ametek Acquires Precitech

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Ametek Inc. of Paoli, Pa., has purchased Precitech Inc. of Keene, N.H., a manufacturer of single-point and multiaxis diamond turning machining systems for the nanotechnology, military and ophthalmic markets. The acquired company, which was bought for approximately $13 million in cash, has annual sales of about $19 million.Read full article

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    Published: January 2007
    Glossary
    nano
    An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
    nanotechnology
    The use of atoms, molecules and molecular-scale structures to enhance existing technology and develop new materials and devices. The goal of this technology is to manipulate atomic and molecular particles to create devices that are thousands of times smaller and faster than those of the current microtechnologies.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    Ametek Inc.BusinessdefenseEmploymentlight speedmultiaxis diamond turning machining systemsnanonanotechnologyphotonics

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