RNS Number : 6829D
  Spectris PLC
  18 September 2008
   


        
    Date:  Embargoed until 07.00 Thursday, 18 September 2008




    SPECTRIS PLC ACQUIRES LEADING SUPPLIER OF 
MACHINE VISION AND INSPECTION SOLUTIONS


    Spectris plc, the productivity-enhancing instrumentation and controls company, announces that, through its subsidiary company Microscan
Systems Incorporated, it has concluded an agreement to acquire the assets of Siemens' Machine Vision Business, formerly Acuity CiMatrix.
Closing of the transaction is subject to certain conditions and is expected to take place within the next few days. Headquartered in Nashua,
New Hampshire, USA, the business has a global customer base. The initial purchase consideration of $11.5 million will be financed from the
group's existing cash resources and is subject to routine balance sheet adjustments.  

    Siemens' Machine Vision Business is an industry leader in Automatic Identification and Data Capture (AIDC), specialising in machine
vision and inspection systems used in a broad array of manufacturing, packaging and traceability applications. Its portfolio of products and
technology complements that of Microscan, a global leader in precision data acquisition and control solutions, such that full end-to-end
solutions can be provided across a wide range of industries.  

    As a part of this acquisition, Siemens AG, Industry Sector; Industry Automation Division, Nuremburg, and Microscan have signed a
strategic co-development contract to bring new AIDC products to market.  

    Commenting on the acquisition, John O'Higgins, Chief Executive of Spectris, said: "The acquisition of the Siemens Machine Vision
Business strengthens the group's Industrial Controls segment by significantly extending Microscan's product and technology portfolio. It
will further enhance their ability to provide full track, trace and control solutions to leading industrial markets, particularly in the
medical, electronics manufacturing and automotive sectors."


    - ENDS -




 Enquiries:  John O'Higgins, Chief Executive, Spectris plc  Tel: 01784 470470
             Richard Mountain, Financial Dynamics           Tel: 020 7269 7186


    Copies of this announcement are available from the company's registered office at Station Road, Egham, Surrey TW20 9NP, and on the
company's website at www.spectris.com.

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
ACQSFLFIWSASESU
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