The transaction is expected to be completed in the fourth quarter of 2016, subject to Point Grey shareholder approval, regulatory approvals, and customary closing conditions.
With the relocation, GOM reacts to the rising demand for 3D testing and 3D metrology systems. Particularly, the worldwide need for automated measuring and inspection procedures led to the relocation and thus to enlarged production and development departments.
In line with GE’s move to a global Digital Industrial Company, Fuse will help GE transform the manufacturing and maintenance of high-performance, reliable industrial components.
MANTEC’s criteria for selection included having a reputation for developing new products, adopting new technologies, improving manufacturing processes, and a strong record of customer retention and market expansion.