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by Staff, Contributing Editor
Posted on Wednesday, August 01, 2001 12:00:00 AM Sign Up to receive Daily News Alerts in your E-mail Inbox   Adept Technology Inc. has acquired privately held CHAD Industries Inc., in exchange for a combination of equity and cash to be paid out over three years. The acquisition is the latest step in Adept's ongoing photonics automation strategy. Adept will leverage CHAD's expertise in small-parts feeding, precision tooling design, and the handling of odd-form components to add capacity in photonics automation. CHAD's initial role within Adept will be to develop process module tooling for both Adept NanoLine stage products and NanoCell automated process-ready platforms. [Click to continue]  |
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