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New Deal


Announced

Completed

Resonetics completed the acquisition of FISO Technologies from Nova Metrix.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Cross Border

fiber optic sensors

Acquisition

Completed

Private

Electronic Equipment: Other

Majority

Friendly

Single Bidder

Synopsis

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Resonetics, a provider of laser micromachining manufacturing services, completed the acquisition of FISO Technologies, a developer and manufacturer of fiber optic sensors and signal conditioners, from Nova Metrix, a provider of geotechnical, environmental, and materials testing instruments, sensors, software, and consumables. Financial terms were not disclosed. "We are excited to add FISO's innovative fiber optic capabilities to provide our customers with improved access to another novel technology that's already proven useful in several clinical applications. FISO serves market leaders in interventional cardiology, critical care and women's health and we believe the technology has broad application in other clinical area," Tom Burns, Resonetics President and CEO.

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