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Slide #37. ROFIN-SINAR Technologies Inc. — FiLaser's Assets
ROFIN-SINAR Technologies Inc. (RSTI)
ROFIN-SINAR Technologies Inc. (ROFIN), one of the world's leading developers and manufacturers of laser sources and laser-based solutions and FiLaser USA LLC. (FiLaser), Portland, Oregon, specialists in developing and designing singulation processes for brittle materials, announce that they have entered into an Asset Purchase Agreement, under which ROFIN will acquire the assets of FiLaser and subsidiaries. The transaction contains all intellectual property including trademarks, know-how, patents and patent applications of FiLaser. The transaction, which is subject to customary closing conditions, is expected to close in March 2014.
Rofin-Sinar Technologies is involved in the design, development, engineering, manufacturing and marketing of laser sources and laser-based system solutions for industrial material processing applications, which include primarily cutting, welding and marking a range of materials. Co. provides a range of laser products and related services for three principal material processing applications: cutting, welding, and surface treatment (macro applications); marking and engraving; and fine cutting, spot and seam welding, micro drilling, scribing, perforating, and fine structuring/ablation (micro applications).
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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