Although the information hasn't been officially released in the United States, Nikon Corp. announced on July 25 that its wholly-owned Belgian subsidiary NIMD SPRL has acquired 85.25 percent of the outstanding shares of Metris NV. According to both Metris and Nikon web sites, "As the 85 threshold was reached (and the other conditions satisfied), the cash tender offer becomes unconditional."

According to earlier reports the complete buyout is expected to cost about €69 million or about $96 million.

In a statement on the Metris web site, "Metris’ board of directors and executive management are delighted with the successful outcome of the friendly bid. The management of Metris is looking forward to teaming up with Nikon Corporation, a leading Japanese industrial multinational with a strong global consumer brand and a pioneer in the field of optical technology. The management feels confident that this transaction enables Metris to strengthen its leadership position as an innovator in optical metrology."

 …