Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

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

How cancer cells spread and squeeze through tiny blood vessels (video) June 30th, 2016

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps — today’s scientists will get the cheese if they manage to build a better battery June 28th, 2016

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

Announcements

How cancer cells spread and squeeze through tiny blood vessels (video) June 30th, 2016

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps — today’s scientists will get the cheese if they manage to build a better battery June 28th, 2016

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

Tools

How cancer cells spread and squeeze through tiny blood vessels (video) June 30th, 2016

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps — today’s scientists will get the cheese if they manage to build a better battery June 28th, 2016

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Acquisitions/Mergers/Splits

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

Keysight Technologies Begins Trading as Independent Company November 3rd, 2014

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







Car Brands
Buy website traffic