October 24, 2008--Semrock, a manufacturer of optical filters for biotech and analytical instrumentation in the life sciences markets, was acquired by IDEX Corporation (Northbrook, IL), an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products.
Semrock produces hard-coated optical filters using the state-of-the-art ion beam sputtering (IBS) processes. Semrock will operate as a stand-alone business within IDEX's Health & Science Technologies segment, and will continue to offer its customers the performance, reliability, and rapid delivery of quality optical filters, for which it is renowned. Semrock's president, Victor Mizrahi, said, "IDEX is a recognized leader within the health and science market and is well known for its broad fluidic platform and significant solution capabilities.
We look forward to developing the resulting customer synergies."
Commenting on the acquisition, IDEX chairman and CEO Larry Kingsley said, "Semrock is well known for their quality optical filters for biotech and analytical instrumentation in life sciences. Their expertise in this market enables the continued expansion of our core capabilities in integrated fluidic applications. The acquisition of Semrock extends our offerings to existing OEMs and provides us with significant access to new opportunities within the health and life sciences market."
IDEX Corporation's are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX".
For more information, visit www.semrock.com.