NEW YORK, April 8 (GenomeWeb News) - Thermo Electron has purchased NITON, a Billerica, Mass.-based company that provides portable X-ray analyzers, for $40.5 million in cash, subject to a post-closing adjustment, the company said last week.
"NITON helps Thermo bring a traditional laboratory-based analytical technique to settings outside the laboratory," said Thermo CEO Marijn Dekkers. "Its portable products can quickly identify the composition of a wide range of metals, which is becoming increasingly important as new regulations controlling the use and disposal of toxic metals in various consumer products take effect, particularly in
NITON's X-ray analyzers provide non-destructive testing of a range of metals for customers in a variety of manufacturing, quality control, environmental testing and recycling processes.