AMETEK Acquires Forza Silicon for $40m

Image Sensors World        Go to the original article...

PRNewswire: AMETEK announces that it has completed acquisition of Forza Silicon Corporation, a leader in the design and production of high-performance imaging sensors used in medical, defense, commercial and industrial applications.

"Forza is a highly strategic technology acquisition for AMETEK," said David A. Zapico, AMETEK Chairman and CEO. "Customers rely on Forza's leading-edge design capability to support their advanced sensor development projects. Forza also provides our Vision Research business with custom sensor design and production capability, allowing for accelerated development of next generation sensor technology for use across our market leading, high-speed cameras."

Forza has annual sales of approximately $20m and was acquired for approximately $40m.

AMETEK is a global manufacturer of electronic instruments and electromechanical devices with annualized sales of approximately $4.8b. The common stock of AMETEK is a component of the S&P 500 Index.

Forza joins AMETEK as part of its Electronic Instruments Group (EIG) - a leader in advanced analytical, monitoring, testing, calibrating and display instruments with annualized sales of $3.0b.

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