Ametek Acquires Canadian Laser-Based Inspections Company Virtek Vision

MT Newswires Live
31 Oct 2024

Ametek (AME) shares added over 7% on Thursday after the industrial technology company said it was acquiring laser-based inspection systems company Virtek Vision International.

Financial terms of the transaction were not disclosed but Ametek said Ontario-based Virtek generates around $40 million in annual sales and will be consolidated into Ametek's electronic instruments division.

Price: 181.35, Change: +12.44, Percent Change: +7.36

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10