Han’s Laser takes over Is­rael-based Nex­tec

China Daily (Hong Kong) - - BUSINESS DIGEST -

Han’s Laser Tech­nol­ogy Co, based in Shen­zhen, Guang­dong prov­ince, a Chi­nese sup­plier to Ap­ple Inc, bought Is­rael’s Nex­tec Tech­nolo­gies to ex­pand in the mar­ket for laser mea­sure­ment de­vices used in the auto and air­craft in­dus­tries. Gao Yun­feng, pres­i­dent of Han’s Laser, said the com­pany paid “a few mil­lion US dol­lars” for pri­vately held Nex­tec, without elab­o­rat­ing fur­ther. Danny Shacham, pres­i­dent of Nex­tec, de­clined to comment by phone.

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