View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 26, 1996


By CBR Staff Writer

Star Technologies Inc, Sterling, Virginia, builder of array processors that were primarily used in body scanners built by General Electric Co Inc’s General Electric Medical Systems, has won $9.4m from the latter in settlement of a contract dispute, and is going to use some of the money to help it diversify by acquisition. Its first acquisition is Electronic Instrumentation & Technology Inc, also in Sterling – it says it has been looking all over the US for potential acquisitions! – and Star is expected to pay Electronic shareholders about $5m in cash and shares. Electronic Instrumentation & Technology, integrating medical products, industrial control, computers, and communications products, inter alia makes computerized scuba diving instrumentation and ultraviolet light meters, and has annual sales of about $20m.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.