PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Spectris plc

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Acquisition of Sixnet for $72 Million and Appointment of New Business Group Director - Spectris plc (“Spectris” or the “company”), the productivity-enhancing instrumentation and controls company, today announces that it has completed the acquisition of Sixnet LLC, a privately-held business located in North America - Spectris.com
Acquisition of Sixnet for $72 Million and Appointment of New Business Group Director

 

NewswireToday - /newswire/ - Egham, Surrey, United Kingdom, 2011/10/06 - Spectris plc (“Spectris” or the “company”), the productivity-enhancing instrumentation and controls company, today announces that it has completed the acquisition of Sixnet LLC, a privately-held business located in North America - Spectris.com. LSE: SXS

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Sixnet designs, builds and markets rugged remote terminal units, I/O modules, Ethernet network switches and wireless products for the broad industrial and process market, and is based near Albany, NY, employing around 110 people. The net purchase consideration of $72 million (approximately £44 million), on a debt and cash-free basis, will be met from existing cash and bank facilities and is subject to routine balance sheet adjustments.

Sixnet will become part of Red Lion Controls in the Industrial Controls segment. Its hardened Ethernet networking switches complement those of Red Lion’s N-Tron subsidiary (acquired in October 2010) and the remote automation solutions complement Red Lion’s own product range.

Appointment of new business group director
We are also pleased to announce the recent appointment of Stephen Blair to the Executive Management team as business group director, reporting to John O’Higgins, responsible for the In-line Instrumentation and Industrial Controls segments. Stephen has significant experience in the industrial controls sector and was most recently at Invensys plc, where he held the position of President, Invensys Operations Management for North America.

John O’Higgins, Chief Executive of Spectris, commented: “The acquisition of Sixnet represents a further step in growing our strategic business segments and enables us to build our presence in the industrial controls sector. In addition, we are delighted that Stephen Blair has joined the Executive Management team. His background and experience are ideally suited to our range of technologies and industries and he joins us at an exciting time in our development.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Spectris plc

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


Acquisition of Sixnet for $72 Million and Appointment of New Business Group Director

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - Spectris.com 
+44 (0)1784 470470 headoffice[.]spectris.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Spectris plc securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Spectris plc / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Frost & Sullivan Commends Keysight's Growth in Calibration and Repair Services from its New Customer-centric Solutions
Imec Develops 3D-Compatible Germanium nMOS Gate stack with High Mobility and Superior Reliability
Curtiss-Wright to Expand Position in Data Acquisition & FTI Markets with Acquisition of Teletronics Technology Corporation
Datalogic Receives Top Honor At Inspect Awards 2017
Leonardo Sees Surge in Export Orders for Man-portable Laser Designators from US and Europe
Imec Demonstrates World’s First Vertically Stacked Gate-all-Around Si Nanowire CMOS Transistors
GE Ventures, Microsemi and Corning Partner to Launch Menlo Micro and Next Generation of Electronic Switching
Frost & Sullivan Commends LeEco for Driving Innovation in the North American Smart Technologies Market
Malvern Instruments and PANalytical to Merge
Bruker Announces Corporate Partnership with International Phenome Centre Network (IPCN) for NMR Technologies and SOPs
Predictive and Control Capabilities through IoT Rapidly Expand Global Growth Opportunities for Sensors Finds Frost & Sullivan
IDEX Showcased the World’s First Flexible Touch Fingerprint Sensor for SmartCards and Receives Massive Industry Interest
Endress+Hauser Consult AG Introduces Proline 300/500 - Flow Measuring Technology for the Future
Lipigas Delivers Enhanced Interactive and Visual Mobile Self-Service Portal Using Joint Visual IVR Solution from Dialogic and Telectronic
Customized Electronic Ticket Solutions Simplify Daily Commute in Russian Cities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)