Tuesday, January 15, 2013
Source Scientific Acquired By BIT Analytical Instruments
Irvine-based Source Scientific, a provider of outsourced engineering, manufacturing, and services for the medical and diagnostic instruments industry, has been acquired by BIT Analytical Instruments, the firms said this morning. Financial details of the buy were not disclosed. BIT Analytical Instruments is based in Schwalbach, Germany. BIT Analytical Instruments previously owned 50 percent of Source Scientific, and the companies said the acquisition was part of a planned, five year transition to full ownership.