In Brief: Millipore/Tylan
This article was originally published in The Gray Sheet
Executive Summary
Millipore/Tylan: Millipore inks definitive deal to acquire Tylan General for approximately $133 mil. in cash "plus the assumption of Tylan's outstanding debt," Millipore announces Dec. 16. San Diego-based Tylan General produces measurement and control products used to make non-medical microelectronics equipment. The company had 1996 sales of about $150 mil. The acquisition "significantly strengthens Millipore's competitive position in microelectronics, the company's fastest growing market over the past three years," Millipore says...