Regulators OK Coherent acquisition of Excel

May 9--Federal regulators have dropped their anti-trust review of the proposed acquisition by laser specialist Coherent Inc. of Excel Technology Inc.

A notice posted today by the Federal Trade Commission indicated that regulators had granted an early end to the review of the $376 million deal.

The deal was proposed in February, with Coherent executives saying Excel would give them an advantage in materials processing and provide economies of scale in distribution, research, and supply chain.

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Follow us at Join us on

Twitter - Industrial Laser Solutions

RELATED PRODUCTS

There is no current content available.
RELATED COMPANIES
There is no current content available.

See Article Archive

View Industrial Laser Solutions past articles.

  •  
  •  
  •  
Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS