AMETEK acquired Zygo Corporation for approximately $280 million, a transaction completed in June 2014, structured as all-cash merger at $19.25 per share, net of cash acquired.
Zygo Corporation operates in Electronic Instruments Group (Ultra Precision Technologies Division). A provider of optical metrology solutions, high-precision optics and optical assemblies used in scientific, industrial and medical applications, acquired in June 2014.
Zygo's position in non-contact optical metrology complements the company's position in contact metrology and enables it to offer customers a full range of metrology solutions.
Zygo's leading position in non-contact optical metrology nicely complements our strength in contact metrology and will enable us to offer our customers a full range of metrology solutions.Frank S. Hermance, AMETEK Chairman and Chief Executive Officer
Advisory firms were not disclosed for this transaction.