AMETEK to acquire Kern Microtechnik.

AMETEK, a provider of industrial technology solutions, agreed to acquire Kern Microtechnik, a manufacturer of high-precision machining and optical inspection solutions. Financial terms were not disclosed. "Kern is an outstanding strategic fit with our Ultra Precision Technologies division, providing attractive technology, market and geographic expansion synergies. We look forward to leveraging our respective design and engineering capabilities to further advance our precision manufacturing capabilities," David A. Zapico, AMETEK Chairman and Chief Executive Officer.