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Bruker, Closing Roentec and Princeton Gamma-Tech Acquisitions, Builds Microanalysis Unit

Nov 16, 2005

NEW YORK, Nov. 16 (GenomeWeb News) - Bruker AXS yesterday closed its previosuly announced acquisition of Roentec and Princeton Gamma-Tech, and has formed a new microanalysis business unit, Bruker AXS Microanalysis.

 

Financial details of the transactions remain undisclosed.

 

Bruker said the intent of the acquisitions and the formation of the new unit is to stake a place in the "$150 million" X-ray microanalysis market. Both Roentec and PGT specialize in X-ray detector instruments.

 

In addition, Bruker's new unit will retain members of the acquired companies' management teams. Roentec's Thomas Schuelein has been named vice president for microanalysis and PGT's Douglas Skinner has been appointed assistant vice president of the new unit, Bruker said.

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