BERWYN,
Pa., Oct. 31, 2023 /PRNewswire/ -- AMETEK, Inc.
(NYSE: AME) today announced the acquisition of Amplifier Research
Corp., a leading manufacturer of radio frequency (RF) and microwave
amplifiers and electromagnetic compatibility (EMC) testing
equipment.
Amplifier Research is a leading provider of amplifiers and EMC
testing equipment for the defense, medical, communications and
automotive markets. The company has a diverse product portfolio
including RF and microwave instrumentation amplifiers, hybrid power
amplifier modules, antennas, and control software used to provide
high-end, EMC solutions.
"We are excited to welcome Amplifier Research to AMETEK," said
David A. Zapico, AMETEK Chairman and
Chief Executive Officer. "Amplifier Research is an outstanding
acquisition which nicely complements our existing capabilities in
the electromagnetic compatibility testing market. Their expertise
and capability in amplifier design will greatly enhance our ability
to provide a broader suite of solutions for attractive markets
including electric vehicle testing and defense communications."
Amplifier Research is headquartered in Souderton, Pennsylvania and has annual sales
of approximately $60 million.
Amplifier Research joins AMETEK as part of its Electronic
Instruments Group (EIG) - a leader in advanced analytical,
monitoring, testing, calibrating, and display instrumentation.
Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial
technology solutions serving a diverse set of attractive niche
markets with annual sales over $6.0
billion. The AMETEK Growth Model integrates the Four Growth
Strategies - Operational Excellence, New Product Development,
Global and Market Expansion, and Strategic Acquisitions - with a
disciplined focus on cash generation and capital deployment.
AMETEK's objective is double-digit percentage growth in earnings
per share over the business cycle and a superior return on total
capital. Founded in 1930, AMETEK has been listed on the NYSE for
over 90 years and is a component of the S&P 500. For more
information, visit www.ametek.com.
Contact:
Kevin
Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247
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SOURCE AMETEK, Inc.