inTEST Corporation Acquires Videology Imaging Solutions

October 29, 2021

inTEST Corporation acquired substantially all assets of Videology Imaging Solutions Inc. and Videology Imaging Solutions Europe B.V. for $12.0 million in cash. The acquisition expands inTEST's process technology and automation capabilities—broadening its presence in life sciences, industrial and international markets—and is expected to be approximately $0.05 accretive to diluted EPS in the first year.

Buyers
inTEST Corporation
Targets
Videology Imaging Solutions (Inc. and Europe B.V.)
Sellers
Videology Imaging Solutions Inc., Videology Imaging Solutions Europe B.V.
Industry
Manufacturing
Location
Rhode Island, United States
Transaction Type
Buyout

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