Bruker AXS to buy Princeton Gamma-Tech X-Ray microanalysis business

Oct. 26, 2005 — Bruker AXS Inc. announced an agreement to acquire the PGT X-ray microanalysis business from Princeton Gamma-Tech Instruments Inc. The terms of the transaction were not disclosed, and the acquisition is expected to close in the fourth quarter of 2005. The business has annual revenues of $5 million to $6 million, according to Bruker AXS.

The PGT business features an X-ray microanalysis product line and distribution and service capabilities in the United States, the United Kingdom and France. Bruker recently also announced an agreement to acquire Roentec AG, an X-ray microanalysis company based in Berlin.

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