Home | October 2011News | Bruker Completes Acquisition of Center for Tribology, Inc |
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Bruker Completes Acquisition of Center for Tribology, Inc
- Bruker Completes Acquisition of Center for Tribology, Inc
- October 14, 2011
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Bruker Corporation today announced the closing of its acquisition of Center for Tribology, Inc. (CETR).
Bruker Corporation today announced the closing of its acquisition of Center for Tribology, Inc. (CETR) for $13 million in cash as an initial purchase price, with potential additional earn-out payments of up to $4 million in cash, depending on growth and profitability of the CETR-business within Bruker in 2012 and 2013. CETR, a privately held tribology and mechanical testing company headquartered in Campbell, CA, with 30 employees, has now become a part of the Bruker Nano Surfaces division, joini...
- View more at: http://www.1888pressrelease.com/bruker-completes-acquisition-of-center-for-tribology-inc-pr-342436.html
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