AMETEK and Zygo Corp.
AMETEK, Inc. and Zygo Corporation announced that they have entered into a definitive merger agreement under which AMETEK will acquire all of the outstanding shares of common stock of Zygo at a purchase price of $19.25 per share in cash, which represents a premium of 31% to Zygo's closing share price on April 10, 2014. The aggregate enterprise value of the transaction is approximately $280 million, taking into account Zygo's outstanding equity awards and net cash to be acquired in the transaction. Full Article
Quality Vision International and ShapeGrabber
Quality Vision International (QVI®) today announced that it has acquired ShapeGrabber Incorporated, a manufacturer of automated 3D scanners for industrial applications. As a wholly-owned subsidiary of QVI, the world's largest vision metrology company, ShapeGrabber will gain access to new markets and customers for its 3D laser scanners. Full Article
Hexagon Metrology announced today the launch of 360° Smart Inline Measurement Solutions (360° SIMS), a new family of measurement solutions that can be fully integrated into demanding automotive production lines to serve manufacturers during launch, ramp-up and ongoing production. They enable full surface inspection and critical features measurement of up to 100 per cent of the produced car bodies, parts and sub-assemblies within production cycle time. Full Article
Karlo Apro, Product Deployment Manager, CNC Software Inc.
In the manufacturing business we pride ourselves on accuracy and precision. These words are mantras of our industry. Yet nothing that moves is ever 100% accurate and that fact leads us to the great irony of five-axis machining. While five-axis systems, if used appropriately, can dramatically improve accuracy and productivity, the additional axes also increase the potential for the stacking of error. Nothing we make is ever perfect. That is why we have tolerances in our designs. Full Article
Alex Lucas, Business Development Manager/Scanning Products, Nikon Metrology Inc.
New product development is a powerful force in expanding manufacturing’s impact on economies around the world. The focus on improving production efficiency and part quality while meeting stringent production schedules is unrelenting. Measurement and inspection is one vital area being marked for improvement by advances in laser-scanning technology. Full Article