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Nordson Corporation Acquires vivaMOS Ltd., Adding Key Sensor Technology to Test and Inspection Business


Nordson Corporation (Nasdaq: NDSN) has acquired vivaMOS Ltd., which designs, develops and fabricates high-end large-area complementary metal–oxide–semiconductor (CMOS) image sensors for a wide range of X-ray applications. This acquisition builds on Nordson’s strategic objective to enhance its test and inspection capabilities for diverse end markets.

Based in Southampton, U.K., vivaMOS is a leader in its field for high-end large-area CMOS image sensors. The company was established in 2015 as a spinoff from the U.K.’s Science and Technology Facilities Council (STFC) with the aim of commercializing its X-ray image sensors. Its latest generation sensor offers a unique combination of speed, resolution and low-noise performance, enabling a wide range of X-ray applications.

“We have been collaborating closely with vivaMOS for several years, and we are excited about furthering our relationship and welcoming vivaMOS employees to the Nordson family. This acquisition gives Nordson differentiated and leading-edge X-ray sensor technology that will substantially enhance our product offerings across multiple end markets. Large panel CMOS sensors represent a critical technology for X-ray imaging. We look forward to further integrating the industry-leading sensor technology and expertise while developing new test and inspection innovations to offer our customers,” said Jeff Pembroke, Executive Vice President, Advanced Technology Solutions.

vivaMOS will become part of the Test and Inspection division within Nordson’s Advanced Technology Solutions segment. The terms of the deal were not disclosed.

Nordson Corporation also designs, develops and manufactures world class, cutting edge products used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. These products are supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in nearly 40 countries. Visit Nordson on the web at www.nordson.com, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200901005654/en/

Nordson Corp. Stock

€242.10
-1.150%
We can see a decrease in the price for Nordson Corp.. Compared to yesterday it has lost -€2.800 (-1.150%).
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Nordson Corp..
As a result the target price of 261 € shows a slightly positive potential of 7.81% compared to the current price of 242.1 € for Nordson Corp..
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