Bruker AXS Announces Agreement to Acquire X-Ray Microanalysis Company Roentec AG
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Bruker AXS Inc. announced an agreement to acquire Roentec AG, an X-ray microanalysis instrumentation company with annual revenues of $6-7 million, based in Berlin, Germany. Terms of the transaction were not disclosed, but the acquisition is expected to close in the fourth quarter of 2005.
The worldwide X-ray microanalysis market is estimated to be greater than $150 million per year, and Bruker AXS so far has not participated in this market segment. Typical applications of X-ray microanalysis include nanotechnology and advanced materials research with customers in industry, academia and government research facilities.
Roentec has developed a technically leading X-ray microanalysis product line with outstanding detector technology, fast acquisition electronics and a comprehensive, user-friendly analysis and quantification software suite. Roentec also has developed unique mobile systems for the X-ray elemental microanalysis of works of art, as well as transportable Total X-ray Reflection (TXRF) systems for elemental trace analysis in liquids, e.g. for environmental or beverage analysis applications. Roentec has established good distribution and service capabilities in certain countries, primarily in Europe.
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