Zygo Corp. acquires NexStar Automation Inc.
Precision-optics and optical-metrology-system manufacturer Zygo Corp. (Middlefield, CT) has acquired all of the outstanding shares of Canadian company NexStar Automation Inc. (Longmont, CO) in exchange for 250,000 shares of Zygo common stock. NexStar produces automation and parts-handling equipment for the data-storage, semiconductor, and medical-disposables markets. Says Zygo president and CEO Gary Willis, "[Zygo and NexStar] will be integrating our strengths to hel¥out our customers. The addition of NexStar will strengthen our capability to fully automate the test and measurement process." NexStar will be operated as an independent subsidiary of Zygo, continuing operations at the Longmont plant; no personnel changes are planned at this time.
