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Dynasil Corporation of America today announced that it has made a commitment for a further $1.2 million investment in subsidiary Xcede Technologies, Inc. This investment comes alongside a commitment from Cook Biotech Inc. of West Lafayette, Ind., to manage the Xcede Patch first-in-human clinical study on behalf of Xcede in exchange for secured loan considerations of up to $1.5 million. In addition, Peter Sulick, Dynasil Chairman and CEO, and members of his family made an additional investment of $450,000. Comment?
Analog Devices, Inc. today announced the acquisition of the Cyber Security Solutions business of Sypris Electronics LLC. This acquisition represents a significant leap forward in ADI's ability to deliver secure high-performance analog solutions demanded by current and future market needs. The CSS business of Sypris Electronics, LLC is well-known as a leader in secure system and software products and technology. Comment?
NEWTON, Mass., May 12, 2016 /PRNewswire/ -- Dynasil Corporation of America , a developer and manufacturer of optics and photonics products, optical detection and analysis technology and components for the homeland security, medical and industrial markets, today announced a strong revenue showing by its Optics segment. The Optics companies reported revenues of $6.4 million in the quarter ended March 31, 2016 compared to $5.2 million of revenues in the same period of 2015. Comment?
As plaque accumulates on the inside of arteries, it can cause the arteries to thicken and harden. When that plaque ruptures, it can ultimately block blood flow and lead to a heart attack, stroke or other problem throughout the body. Comment?
WEST LAFAYETTE, Ind. -- -- Bioanalytical Systems, Inc. announced today that it will report financial results for the second quarter of fiscal 2016 ended March 31, 2016, prior to the market opening on Thursday, May 12, 2016. Comment?
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