SDL
announced on June 9 its intent to spend 1 million 640 thousand pounds (about 15
million 660 thousand yuan) to buy Kore Technology Limited acquiring a stake in the
company and its capital. Among them, the use of 1 million 320 thousand pounds
was acquiring 660 KORE shares which accounted for 45.56% of the total KORE
shares; and SDL used 320 thousand pounds to increase KORE capital with 160
thousand share. SDL will now hold a 51% stake in KORE after the completion.
It is
reported that Kore Technology Limited was founded in 1991 and is the earliest
company engaged in time-of-flight mass spectrometers and related products
including R&D, production, and sales. KORE mainly provide customized
high-end flight time mass spectrometers for universities around the world and
other research institutions. KORE time-of-flight mass spectrometry products can
be widely used in environmental monitoring, traceability, health and safety,
material research and development, and the food industry. In the atmospheric
environment for the detection of gas pollutants, especially in the measurement
of VOCs, it can rapidly achieve qualitative and quantitative analysis of hundreds
of multi-component trace pollution components.
SDL mainly
invested in KORE for high-end technology and production capacities for mass
spectrometers, improving the SDL product systems, and as the overseas R&D
center using KORE's strong R&D. At the same time, the localization of KOREs
products can reduce production costs, the use of SDLs sales network and
customer service force, expanding various applications of mass spectrometry, in
addition to the field of environmental protection, other areas such as food
safety, life science, and industry process monitoring.