Thermo Electron to Acquire Electronic Personal Dosimetry Business from Siemens

08-Oct-2003

Thermo Electron Corporation announced that it has signed an agreement to acquire Siemens' Electronic Personal Dosimetry (EPD) business for approximately $4.5 million in cash, subject to a post-closing adjustment. EPD is a global supplier of radiation-monitoring products and systems used mainly by workers at nuclear power plants, the military, and first responders for safety, security, and civil defense applications. The business will become part of Thermo's Environmental Instruments division within the Measurement and Control sector.

With total estimated sales of approximately $10 million in 2003, EPD's products range from electronic dose meters worn by personnel at radiation-sensitive locations to modular teledosimetry systems that can be integrated to form a complete monitoring network. The company is a leader in new-generation wireless radiation-monitoring systems. EPD operates in Atlanta, Georgia, and Poole, Dorset, United Kingdom.

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