Wilson Greatbatch Completes Acquisition

Wilson Greatbatch Technologies Inc. of Clarence, New York, has completed the acquisition of NanoGram Devices Corp. of Fremont, California.

Under terms of the agreement, Wilson Greatbatch acquired all of the outstanding stock of NanoGram Devices for $45 million in cash. The company expects the acquisition to result in a $6 to $7 million increase in operating expenses this year. Most of the increase will be directed toward R&D and product engineering.

NanoGram Devices Corp. is a materials research and development company focused on developing nanoscale materials for use in various battery and medical device applications.