[NTIACNews]NDE Industry News: GE buys InVision

[Chris R. Coughlin]

Hello All,

In NDE industry news, Reuters is reporting GE is buying InVision 
Technologies Inc. for $900 million U.S., or approximately $50 U.S. a 
share.  InVision (Nasdaq INVN) had closed $41.22 on Friday but is now up 
around $49.38 on volume of 908,712 shares.

InVision had purchased YXLON International early last year to bolster 
their position in the explosives detection systems market, which is 
likely the same reason GE is now acquiring InVision.  In addition, the 
move further strengthens GE's position in the X-ray radiography industry 
after having completed its takeover of Agfa NDT earlier this year.

Regards,
Chris

-- 
Chris Coughlin / NTIAC / 415 Crystal Creek Drive / Austin TX 78746
Phone (800)684-2239 or (512)263-2101x227 / FAX (512)263-3530
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