Bruker AXS Announces Acquisition of Hand-held XRF Company


Bruker AXS Inc. has acquired all of the shares of privately-held KeyMaster Technologies Inc. from KeyMaster's previous majority shareholder Advent International and other shareholders. The share purchase agreement for KeyMaster was signed and the transaction was closed simultaneously on July 18, 2006.

KeyMaster Technologies, located in Kennewick, Washington, develops and manufactures portable hand-held X-ray fluorescence (XRF) systems for numerous applications, including: metals and alloy analysis used in various metal processing industries; Positive Material Identification (PMI); Restrictions of Hazardous Substances (RoHS) analysis, environmental metals-in-soil or lead-in-paint (LiP) analysis; art, museum and archaeological analysis; and elemental taggant analysis.

As a new Bruker AXS subsidiary, KeyMaster will remain in its current location, and will continue under its current name and management team.

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