Tuesday, January 4, 2011
Ceradyne Buys VIOX
Costa Mesa-based Ceradyne said this morning that it has acquired VIOX Corporation, a specialty glass company located in Seattle, Washington. Ceradyne said it paid approximately $27M in cash plus up to a maximum of $22M in earn out for VIOX. VIOX develops, manufactures, and markets specialty glass for the electronics, industrial, and health care markets, including glass for polycrystalline silicon photovoltaic solar applications. Ceradyne is a maker of ceramics products for the defense, industrial, energy, automotive/diesel and commercial markets.