Nordson Adds Businesses to Dage, Asymtek Subsidiaries

YESTech, headquartered in San Clemente, CA, employs 23 people; PICODOSTEC employs 12 workers and is based near Munich, Germany. YESTech produces mid-range X-ray inspection machines, while Dage is focused on high-end digital X-ray capabilities, noted Don Miller, president, YESTech. “We’re excited about the commonalities and synergy we have with the Nordson portfolio,” he added, saying that YESTech primarily supplies high-quality automated optical inspection (AOI) systems, and will bring these capabilities to the Dage business. “We operate an office in Shanghai, China, as well, and YESTech anticipates increased efforts in this region with Nordson as a parent company,” Miller said. Together, YESTech and PICODOSTEC accrued 2006 revenues of about $20 million.China in particular is a region of growth for YESTech, agreed Julie Hrabak, manager, corporate communications, Nordson. “We are looking to bring YESTech into all Nordson’s distribution channels as a part of the Dage subsidiary,” she added.

(May 10, 2007) CARLSBAD, CA &#151 Intel Capital, the venture capital branch of Intel Corporation, invested in six new companies, totaling $31 million. In the semiconductor space, Intel invested in China-based Phoenix Microelectronics.

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