PAOLI, Pa., 16 Dec. 2007. AMETEK Inc. has acquired privately held California Instruments Corp. Based in San Diego, California Instruments delivers programmable alternating current (AC) power sources used to test electrical and electronic products. California Instruments has annual sales of approximately $22 million.
"This acquisition broadens the scope of our Power Instruments business, which produces power quality monitoring and metering instrumentation, and further expands our presence in the attractive electronic test and measurement equipment market," adds Frank S. Hermance, AMETEK chairman and chief executive officer.
California Instruments is the global leader in programmable AC power sources used to test electrical and electronics products by simulating various input voltages, frequencies, and potentially harmful line transients. These products are used in design verification testing, manufacturing, quality assurance, and regulatory compliance by its customers in the computer, consumer electronics, industrial controls, and aerospace and defense industries.
California Instruments joins AMETEK as part of its Electronic Instruments Group (EIG) -- a provider in advanced monitoring, testing, calibrating, and display instruments. AMETEK EIG sells its instruments to the process and analytical, aerospace, power, and industrial markets worldwide and had 2006 sales of more than $1 billion.
