Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Quantum Design Europe Merges with LOT-Oriel Holding AG

Abstract:
Cryogenic Technology Developer Buys Out Majority Shares of Distribution Company

Quantum Design Europe Merges with LOT-Oriel Holding AG

San Diego, CA | Posted on December 20th, 2007

Shareholders and founders of LOT-Oriel Holding AG (LOT) have sold a majority portion of their shares to the German company Quantum Design Europe GmbH (QDE). QDE is a wholly-owned subsidiary of Quantum Design, Inc. (QD), based in San Diego, Calif., U.S.

As a distributor and service provider for Quantum Design products in Europe, QD and LOT have enjoyed a cooperative relationship for more than 15 years. During this period, LOT's relationship with QD has grown from being a sales representative for Germany and Eastern Europe to becoming QD's exclusive sales, marketing and service partner for all of Europe and the Near East. In 2004, LOT and QD signed a strategic alliance agreement to form a worldwide distribution partnership. With the QD-LOT merger, LOT will combine with QD and its Asian subsidiaries in Japan, Korea and the People's Republic China to create a global network offering distribution and after-sales service to manufacturers of scientific and related industrial instrumentation all over the world.

Original LOT shareholders Arno Köhler, managing director of ZygoLOT GmbH; Manfred Berger, managing director of II-VI Holding GmbH; and Ralph Köhler, managing director of LOT-Oriel Europe and QDE, continue to hold significant interests in LOT, and Ralph Köhler will continue to serve as the company's managing director.

Both LOT and QD expect that LOT and all of its European offices will continue to serve its customers and suppliers in the same successful and reliable way that has established LOT as Europe's premier distributor of instruments and products.

####

About Quantum Design
Founded in 1982, Quantum Design is a privately held corporation that develops and markets advanced technology cryogenic systems and instruments for the scientific community. Quantum Design is widely recognized as the leading commercial source for integrated laboratory analytical systems incorporating superconducting technology.

About LOT-Oriel

Headquartered in Darmstadt, Germany, LOT was founded more than 35 years ago as a distribution and technical support organization for scientific research institutes and industry. Today, LOT employs 120 people in 10 countries across Europe and its product portfolio includes leading edge components and instrumentation with applications in materials characterization, thin film analysis, special cameras and imaging, spectroscopy, photonics and bio- and nanotechnology.

For more information, please click here

Contacts:
MJE Marketing Services Inc.
Marlee J. Ehrenfeld, 619.682.3841

Copyright © Business Wire 2007

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

GLOBALFOUNDRIES Announces Availability of 45nm RF SOI to Advance 5G Mobile Communications: Optimized RF features deliver high-performance solutions for mmWave beam forming applications in 5G smartphones and base stations February 22nd, 2017

EmTech Asia breaks new barriers with potential applications of space exploration with NASA and MIT February 22nd, 2017

JPK selects compact tensile stage from Deben for their NanoWizard® AFM platform to broaden capabilities for materials characterisation February 22nd, 2017

Molecular phenomenon discovered by advanced NMR facility: Cutting edge technology has shown a molecule self-assembling into different forms when passing between solution state to solid state, and back again - a curious phenomenon in science - says research by the University of Wa February 22nd, 2017

Announcements

GLOBALFOUNDRIES Announces Availability of 45nm RF SOI to Advance 5G Mobile Communications: Optimized RF features deliver high-performance solutions for mmWave beam forming applications in 5G smartphones and base stations February 22nd, 2017

EmTech Asia breaks new barriers with potential applications of space exploration with NASA and MIT February 22nd, 2017

JPK selects compact tensile stage from Deben for their NanoWizard® AFM platform to broaden capabilities for materials characterisation February 22nd, 2017

Molecular phenomenon discovered by advanced NMR facility: Cutting edge technology has shown a molecule self-assembling into different forms when passing between solution state to solid state, and back again - a curious phenomenon in science - says research by the University of Wa February 22nd, 2017

Tools

JPK selects compact tensile stage from Deben for their NanoWizard® AFM platform to broaden capabilities for materials characterisation February 22nd, 2017

Molecular phenomenon discovered by advanced NMR facility: Cutting edge technology has shown a molecule self-assembling into different forms when passing between solution state to solid state, and back again - a curious phenomenon in science - says research by the University of Wa February 22nd, 2017

Strem Chemicals and Dotz Nano Ltd. Sign Distribution Agreement for Graphene Quantum Dots Collaboration February 21st, 2017

Engineers shrink microscope to dime-sized device February 17th, 2017

Acquisitions/Mergers/Splits

Bruker Announces Acquisition of Nanoindenting Leader Hysitron: Acquisition strengthens Bruker’s leading position in nanoanalysis and nanomechanical materials characterization January 24th, 2017

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project