Minneapolis’ CyberOptics is buying an industrial grade 3D scanning company



Via News Release

“MINNEAPOLIS–CyberOptics, Inc. (Nasdaq: CYBE) today announced it has entered into a definitive agreement to acquire the assets of Laser Design, Inc. (LDI), a 3D metrology company headquartered in Minneapolis. The approximately $3.0 million all-cash transaction is expected to close in February 2014, pending approval by LDI’s shareholders. LDI, which will be operated initially as a wholly-owned subsidiary, is forecasted to have a minimal impact on CyberOptics’ consolidated bottom line performance in 2014.”

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