Nutfield Technology, Inc. sells its laser division to a strategic acquirer
SOUTHPORT, Connecticut, November 14, 2007 -- Carter Morse & Mathias today announced that Nutfield Technology, Inc. has sold its Laser Division to an undisclosed strategic acquirer. Nutfield is a leading designer and manufacturer of electro-optical components, software and sub-systems used to rapidly and accurately control laser beam position and power. The Company is based in Windham, New Hampshire and is institutionally backed by Venture Capital Fund of New England. Carter Morse & Mathias was Nutfield's exclusive financial advisor in arranging and advising on this transaction. The terms of the transaction were not disclosed.
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