Thermo Electron
This article was originally published in The Gray Sheet
Executive Summary
Firm's Nicolet Biomedical infant hearing testing subsidiary acquires audiometer maker Grason-Stadler from Welch-Allyn for undisclosed terms. The business generated about $15 mil. in 1997 revenues. The deal "represents a significant step toward our becoming a single source of instrumentation for hearing healthcare professionals," Nicolet notes