RMD Acquired by Dynasil in $20M Deal PDF Print E-mail
Written by Mike Buetow   
Thursday, 03 July 2008 05:20
WEST BERLIN, NJ – Dynasil Corp. of America has acquired Radiation Monitoring Devices Inc. and specific assets of RMD Instruments LLC for $20 million in cash and stock.

Under terms of the deal, Dynasil will pay $12.5 million in cash and 4.6 million shares of common stock for RMD.

RMD owners Dr. Gerald Entine and Jack Paster will remain with the company.

Dynasil had sales of $11 million last year. RMD generated more than $20 million in revenues last year.

Dynasil is financing the acquisition via a $9 million bank term loan and a $5 million stock offering.

In a statement, Dynasil chairman James Saltzman said, “Adding RMD is a transformational event. We expect that it will more than triple our revenues and profits while our shares outstanding only approximately double, which should make it immediately accretive. It also brings us some exciting products as well as extensive technological capability that we expect will drive our future growth.

Dynasil manufactures photonic products such as optical materials, components, coatings and specialized instruments.

RMD makes a range of XRF and other equipment for various applications, including electronics, chemicals and medical.


Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.



Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.





CB Login



English French German Italian Portuguese Russian Spanish


Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...