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Bruker Buying German X-Ray Company

The deal puts the bioscience company into the X-ray microanalysis market.
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Bruker Biosciences

(BRKR) - Get Free Report

agreed to acquire Roentec AG, a Berlin-based X-ray microanalysis instrumentation company.

Terms weren't disclosed, though Billerica, Mass.-based Bruker said Roentec has annual revenue of $6 million to $7 million. The deal is expected to close in the fourth quarter.

The worldwide X-ray microanalysis market is estimated to be greater than $150 million per year, Bruker said. Typical applications of X-ray microanalysis include nanotechnology and advanced materials research with customers in industry, academia and government research facilities.

On Friday, Bruker fell 5 cents to $4.46.