FEI Buys Intellection for $2.8M

Hillsboro, OR-based FEI (NASDAQ: FEIC), a maker of nanotech imaging tools, announced today it has acquired the assets of Intellection Holdings, a Brisbane, Australia-based firm that makes automated mineralogy equipment. The deal was worth $2.8 million, and seems to strengthen FEI’s position in global mining applications.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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