ESI and Zygo To Merge
Portland, OR-based Electro Scientific Industries (NASDAQ: ESIO) and Middlefield, CT-based Zygo (NASDAQ: ZIGO) announced today they have agreed to merge in an all-stock transaction. ESI’s expertise is in photonic microengineering, while Zygo’s is in metrology and optical systems. The merger is expected to be complete in the first quarter of 2009.
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