We’re on roll! Maintaining our model of efficiency in tech news delivery, Super Rad Pittsburgh Tech News Roundup brings you all the headlines in one quick serving. Here’s what’s news in the local industry:
FEI Buys ASPEX Corporation
FEI (NASDAQ: FEIC), an instrumentation company providing imaging and analysis systems for research and industry, acquired ASPEX Corporation of Delmont. ASPEX provides rugged scanning electron microscopes (SEMs) and related services for environmentally demanding military, industrial and factory floor applications.
“The ASPEX EXtreme™ SEM is an integral part of our QEMSCAN® WellSite™ solution for on-site oil and gas solutions,” noted Don Kania, president and CEO of FEI. “With this acquisition, FEI now owns the essential hardware and software that has been part of our rapid growth and expanding potential in the Natural Resources business. In addition, ASPEX has a solid track record of applications in a range of industrial markets, including metals, industrial automation, defense, health sciences and forensics.”
The purchase price for the acquisition is $30.5 million. Revenue for ASPEX totaled $10.0 million, and the company was profitable for the fiscal year ended June 30, 2011. Revenue has grown at a compound annual rate of 24% since 2006.
PA TECH AWARDS ANNOUNCES SHOWCASE FOR BEST-IN-BREED TECHNOLOGY INNOVATIONS
The PA Tech Awards, the state’s award celebration for the technology and innovation industry in Pennsylvania, today announced the PA Innovator’s Showcase, an exhibit opportunity for award nominees to showcase the leading technologies represented in the 2012 awards program. The Innovator’s Showcase will take place from 2 to 4 p.m. on March 30, 2012 in the Kunkel Gallery at The Whitaker Center for the Arts and Sciences.
“At TechQuest, it is our priority to help our members and award nominees make meaningful connections across the IT industry,” said Kelly Lewis, CEO of TechQuest Pennsylvania, the organization that runs PA Tech Awards. “This year, we have seen record-number nominations, and want to give our nominees every opportunity possible to network with Pennsylvania’s IT leaders attending the event. “
Nominations can be viewed at www.techquestawards.com.
Cheetah Technologies’ New V-Factor Source Monitor Adds Processing Power and Energy Efficiency
Cheetah Technologies (http://www.cheetahtech.com/), a carrier class, systems management solutions developer for broadband service providers, released V-Factor Source Monitor (SM) 150. The latest edition of V-Factor SM can now process and monitor six times more on the network than previous versions, allowing cable operators to analyze up to 12 HDTV channels at one time.
Industry Weapon Announces Alliance with TE Touch Solutions to Simplify Interactive Digital Signage
Digital media innovator, Industry Weapon, has announced an alliance with TE Connectivity to deliver interactive digital signage (IDS) solutions on Elo TouchSystems displays that will make a generally-considered complex technology a lot more simplified, making it ideal for the non-technical user.
As software content developers for digital media technology, Industry Weapon is known to provide customers with simplified solutions.
As an Elo Elite ISV (Independent Software Vendor) partner, Industry Weapon has joined forces with the TE touch solutions business unit to develop and deliver interactive touchscreen signage on the Elo TouchSystems family of large-format displays.
- ARCS: Investing in the Future (techburgh.com)
- The opposite of totally bangingly rad (mumbrella.com.au)
- Second Patent Awarded to The Marlin Company for Content Distribution in Digital Signage Systems (themarlincompany.com)
Jonathan runs Visibility Initiatives at the Pittsburgh Technology Council. The Council is the nation’s largest IT trade association with 1,350 members. One of our platforms is to provide visibility to Pittsburgh tech companies and the industry in general.