ADVANCED ENERGY INDUSTRIES INC acquired TEGAM, Inc. for NULL (TEGAM and Versatile Power together contributed $12.1 million to 2021 sales), a transaction completed in June 2021, structured as all cash.
TEGAM, Inc. operates in Metrology and calibration instrumentation, is based in Geneva, Ohio, USA. TEGAM, Inc., based in Geneva, Ohio, acquired via purchase of 100% of its capital stock. Added metrology and calibration instrumentation to Advanced Energy's RF process power solutions.
This acquisition added metrology and calibration instrumentation to Advanced Energy's RF process power solutions in our Semiconductor and Industrial and Medical markets.
Adds metrology/calibration to RF process power across Semiconductor and Industrial & Medical markets Integrated into Advanced Energy's RF process power / measurement portfolio
On June 1, 2021, we acquired 100% of the issued and outstanding shares of capital stock of TEGAM, Inc., which is based in Geneva, Ohio. This acquisition added metrology and calibration instrumentation to Advanced Energy's RF process power solutions in our Semiconductor and Industrial and Medical markets.Advanced Energy, FY2021 Form 10-K, Recent Acquisitions
Advisory firms were not disclosed for this transaction.