|This Slide: #34 of 100|
Slide #34. GSI Group — JADAK LLC
GSI Group (NYSE:GSIG)
GSI Group Inc. (NASDAQ: GSIG) (the "Company", "we", "our", or "GSI"), a leading global supplier of precision photonics and motion control components and subsystems to the medical, industrial, electronics and scientific markets, today announced the closing of its acquisition of JADAK LLC and JADAK Technologies Inc. (together, "JADAK"), a North Syracuse, New York-based provider of optical data collection and machine vision technologies to medical device original equipment manufacturers ("OEM's"), for $93.5 million in cash. As a result of this transaction, JADAK is now a wholly owned subsidiary of GSI.
GSI Group is a holding company. Co. designs, develops, manufactures and sells photonic and motion control components and subsystems to original equipment manufacturers in the medical equipment and industrial technology markets. Co. has three segments: Laser Product, which designs, manufactures and markets photonics-based solutions; Medical Technologies, which designs, manufactures and markets visualization solutions, imaging informatics products, optical data collection and machine vision technologies, thermal printers, and measurement instrumentation; and Precision Motion, which designs, manufactures and markets optical encoders and air bearing spindles and precision machined components.
Open the GSIG Page at The Online Investor »
Free GSIG Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite