| Saki to Acquire MacroScience from Schmidt |
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| Monday, 01 December 2008 09:10 | |||
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TOKYO – AOI OEM Saki Corp. has signed a sale and purchase agreement with Schmidt Electronics Group to acquire a certain percentage stake in MacroScience Technology. No financial terms were disclosed. MSTL, a subsidiary of Schmidt, offers products and solutions focusing on the use of x-ray technology for the inspection of mechanical and electronic components. Saki says the acquisition will provide opportunity to reach new markets, particularly in nondestructive testing. “We have been enjoying a large share of the automatic optical inspection market by using intelligent robot vision technology,” says Sakie Akiyama, CEO and president of Saki. “The x-ray inspection technology in ball grid arrays and nondestructive means of testing that MSTL boasts are exactly what we need to complement our existing products.” Saki will gradually acquire a majority interest in MSTL, while Schmidt will retain a minority interest. The overall management of the MSTL operations will be taken over by Saki within a reasonable timeframe, the companies say.
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