Tuesday, February 3, 2009

PerkinElmer buys LED company

PerkinElmer buys LED company - Boston Globe.

Perkin Elmer is a big health care company. Stuff for hospitals, so why LED? My guess is because hospital equipment has a lot of electronics in it, and the future of lighting is probably LED's, and may be at the moment it's just to cheap to pass up in the short term.

Long term, Opto is a parts manufacturer, where Perkin Elmers sells compete systems I believe, so it may not be a good fit strategically.

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