FEI expands its roster of scientific instruments with $30.5 million acquisition

FEI Co. announced Monday that it bought a Pennsylvania electron microscope maker. With the $30.5 million purchase of ASPEX Corp., FEI acquired microscope technology it has used in its oil and gas drilling products. “With this acquisition, FEI now owns the essential hardware and software that has been part of our rapid growth and expanding [...]

Thai Flood Claims to Cost IAG $50 Million

With about 1,500 claims from Thais, Insurance Australia Group (IAG) is expected to pay out $150 million in flood claims following the recent inundation of Thailand. IAG Chief Executive Mike Wilkins said on Thursday that claim assessments would take several weeks to complete as the water level slowly recedes. It is the worst flood to [...]

Hesperia shopping center sells for $13.5 million

A Hesperia shopping center anchored by a Fresh & Easy supermarket has been sold to an Irvine-based real estate investment trust for $13.5 million, according to a statement. The 52,000-square-foot Topaz Marketplace, in the 14100 block of Main Street, is three years old and 100 percent occupied. Other tenants include DeVita Dialysis, Wood Grill Buffet [...]