GT Advanced Technology, a provider of crystal growth equipment and solutions for the solar, LED and electronics industries, has acquired Thermal Technology LLC. Located in Santa Rosa, Calif, Thermal Technology manufactures and distributes a range of high-temperature thermal and vacuum products used in the fabrication of advanced materials for multiple industries, including smartphones and touch screens, LEDs, medical devices, automotive and oil and gas.
“The acquisition of the Thermal Technology business adds a number of innovative and important products and technologies to our rapidly diversifying portfolio that will, we believe, allow us to accelerate our entrance into new markets,” Tom Gutierrez, president and CEO of GT Advanced Technology, said.
“This is an exciting moment for the company, our employees and our customers,” Matt Mede, president and CEO of Thermal Technology, said. “The acquisition will open new opportunities for growth for our products and technology as we integrate them into GT’s business operations.”