FEI Buys Digital Rock Solutions Provider and microCT Product

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FEI Co (FEIC) Tops Q4 EPS by 4c

February 5, 2014 4:43 PM EST

FEI Co (NASDAQ: FEIC) reported Q4 EPS of $0.97, $0.04 better than the analyst estimate of $0.93. Revenue for the quarter came in at $265.3 million versus the consensus estimate of $254.17 million.

For earnings history and earnings-related data on FEI Co (FEIC) click here.... More

FEI Co (FEIC) Acquires Digital Rock Tech Service Provider Lithicon AS

February 5, 2014 4:43 PM EST

FEI Co (Nasdaq: FEIC) announced that it has acquired Lithicon AS of Trondheim, Norway and Canberra, Australia. Lithicon provides leading-edge digital rock technology services and pore-scale micro computed tomography (microCT) equipment to oil and gas companies worldwide. In conjunction with the acquisition, FEI has obtained the helical scan microCT product and associated software from the Australian National University (ANU), through a licensing and development agreement.

"The acquisition of Lithicon and the microCT tool completes our digital rock workflow for the oil and gas market," said Don Kania, president and CEO of FEI.... More