LATEST NEWS

VTT to sell its testing, inspection and certification operations to Eurofins Scientific Group

VTT Technical Research Centre of Finland Ltd has entered into a binding agreement to sell its wholly owned subsidiaries VTT Expert Services Ltd and Labtium Oy to Eurofins Scientific Group.

 

“VTT Expert Services Ltd and Labtium Oy are supplying commercial testing, inspection and certification services. These services are not sufficiently connected to VTT’s strategic goal to support innovation by science-based solutions and technology development. The continuous development of these companies according to industry requirements is easier as part of Eurofins Scientific Group than as part of VTT Group,” explains Antti Vasara, CEO, VTT Technical Research Centre of Finland Ltd.

 

The acquisition will require a customary regulatory approval and is expected to close in the course of the first quarter of 2018.

Liat

Recent Posts

eInfochips and NXP Collaborate to Enable Battery Energy Storage Customers

 eInfochips, an Arrow Electronics company, today announced its expanded collaboration with NXP® Semiconductors to help…

22 hours ago

DigiKey Adds More Than 611,000 Products and 139 New Suppliers in Q3 2024

 DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation…

1 day ago

Infineon launches new generation of GaN power discretes with superior efficiency and power density

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced the launch of a new…

3 days ago

Power Integrations Launches 1700 V GaN Switcher IC, Setting New Benchmark for Gallium Nitride Technology

1700 V GaN InnoMux-2 IC delivers efficiency of better than 90 percent from a 1000…

3 days ago

NVIDIA Ethernet Networking Accelerates World’s Largest AI Supercomputer, Built by xAI

NVIDIA today announced that xAI’s Colossus supercomputer cluster comprising 100,000 NVIDIA Hopper Tensor Core GPUs…

1 week ago

Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering

Acquisition of Altair Engineering Inc., a global leader in computational science and artificial intelligence software,…

1 week ago