Page 15 - 2019 AMETEK Annual Report FINAL

Driving Innovation to Power a Better Future 13

At AMETEK, we acquire market-leading The acquisition of Gatan, our largest
businesses with highly differentiated, to date, was completed in late 2019.
advanced technology. Over the past Gatan is a leading manufacturer of
decade, our acquisition strategy has instrumentation and software used to
positioned AMETEK higher on the tech- enhance and extend the operation and
nology curve, allowing us to offer our performance of electron microscopes.
customers more innovative solutions. Gatan is a pioneer in direct detection
We continue to acquire businesses that technology for electron microscopy,
are pushing the boundaries of science supporting cutting-edge research
with next-generation products and to solve some of the world’s most
technologies. complex challenges in materials and
life sciences. As an example, Gatan’s
Since the beginning of 2017, we have technology has enabled scientists to
deployed more than $2.9 billion on image the COVID-19 (coronavirus),
12 strategic acquisitions, with nearly Zika and Ebola viruses, providing
$1.1 billion deployed in 2019 alone. critical data for the rapid
Many of these recently acquired development of
businesses possess some of AMETEK’s vaccines.
most advanced technology, addressing
secular growth trends around the
world. Their solutions are generating
excellent growth opportunities and
are positioning AMETEK for long-term,
sustainable success.

Acquired in late 2018, Telular is a
market-leading provider of IoT commu-
nication solutions. Telular provides its
customers with purpose-built hardware,
proprietary software and wireless
COVID-19 structure observed with
connectivity services to help ensure the AMETEK Gatan’s K3™ camera †
efficiency and safety of critical assets.
In 2019, Telular hosted an IoT Summit
to share best practices and collaborate
with other AMETEK businesses on
generating more connected capabilities
and innovative solutions.

In 2019, AMETEK acquired Pacific
Design Technologies (PDT), a leading
provider of advanced, mission-critical
thermal management solutions. PDT
designs and manufactures a complete
range of custom-engineered liquid
cooling systems and components
used in a broad set of current and
next-generation commercial aerospace,
defense and space platforms. PDT’s
liquid cooling technology complements
our deep expertise in air-cooled
solutions and has firmly positioned
AMETEK as the world’s premier
provider of thermal management
systems.

AMETEK Telular’s SkyBitz solution provides
real-time visibility for wireless asset
monitoring and IoT connectivity.