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Tech Industry

Short Take: HP to Acquire MTI Analytical Instruments

Hewlett-Packard has signed a definitive agreement to acquire MTI Analytical Instruments, a privately held manufacturer of high-speed, portable, laboratory, and continuous-measurement gas chromatograph instruments, based in Fremont, California. Under the terms of the agreement, MTI Analytical Instruments will become part of HP's Chemical Analysis Group, and will be integrated into the Little Falls Analytical Division, located in Wilmington, Delaware. Financial terms of the transaction, scheduled to close in March, were not disclosed.

    Hewlett-Packard has signed a definitive agreement to acquire MTI Analytical Instruments, a privately held manufacturer of high-speed, portable, laboratory, and continuous-measurement gas chromatograph instruments, based in Fremont, California. Under the terms of the agreement, MTI Analytical Instruments will become part of HP's Chemical Analysis Group, and will be integrated into the Little Falls Analytical Division, located in Wilmington, Delaware. Financial terms of the transaction, scheduled to close in March, were not disclosed.