FREMONT, CA – Scientific Technologies (STI) has completed its merger with a subsidiary of Japan-based Omron Corp. STI shareholders will receive $10.67 per share in cash as a result of the merger, and STI will cease to be a publicly traded company.
 
As part of the merger, Omron acquired STI’s safety products group, and STI’s automation products group was sold and becomes a standalone company. The total transaction values the equity of the company at approximately $110.8 million.

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