NEW YORK, April 18 - A wholly owned Bruker AXS subsidiary based in Japan plans to acquire most of the assets and some of the liabilities of MAC Science, a Yokohama-based X-ray-analysis instrumentation company.
The transaction, initiated by Nihon Bruker AXS KK, is expected to close in the second quarter of 2002.
Bruker AXS entered the Japanese market in 1997 with its CCD-based life-science systems, and has established a strong position in the crystallography market.
The new facility, which will be based near Tokyo, will house R&D, production, and final systems integration for the Japanese market.
MAC Science was founded in 1987 and has become a significant participant in the Japanese X-ray and thermal-analysis instrumentation market, according to Nihon. The Japanese X-ray analysis market is estimated to total more than $150 million annually.
MAC Science has an established Japanese distribution system with both a direct sales and a service force, as well as an additional distributors network. Since its foundation, MAC Science has installed more than 1,500 systems in Japan and the Pacific Rim.