Acton, Roper to merge

17 Jun 2002

Acton Research Corporation has entered into an agreement with Roper Industries, Inc., to become a wholly owned subsidiary of Roper Industries. Acton, which manufactures precision optical components, spectrometers, and spectroscopy systems for research and industry, will become part of the Analytical Instrumentation Segment, joining Princeton Industries which became a part of Roper last year. Roper Industries, which owns companies that design, manufacture, and distribute application-specific analytical instrumentation, will acquire the assets of ARC for $11 million.