OREGON
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0-21820
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93-0822509
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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ITEM
8.01
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OTHER
EVENTS
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On
March 16, 2009, Key Technology, Inc. (the “Company”) announced it has
reached an agreement to acquire a minority interest in Proditec SAS, a
manufacturer of automated, solid dose pharmaceutical inspection systems
based on machine vision technology headquartered in Pessac (Bordeaux),
France. The Company will acquire a 15% minority interest for
870,000 Euros, or approximately $1.1 million, within the next 30 days,
subject to certain conditions. The Company will also acquire an
exclusive option to purchase the remaining interest in Proditec through
October 5, 2009. The price and certain of the terms of purchase
for the remaining interest are specified in the agreement. The
agreement also includes provisions addressing the potential future
relationship between the parties, should the Company not exercise its
purchase option.
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ITEM
9.01
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FINANCIAL
STATEMENTS AND EXHIBITS
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||
(d)
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Exhibits
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||
The
following exhibit is furnished with this Current Report on Form
8-K:
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|||
99.1
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Press
Release of Key Technology, Inc., dated March 16, 2009
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||
KEY
TECHNOLOGY, INC.
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/s/ John J.
Ehren
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John
J. Ehren
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Senior
Vice President and Chief Financial
Officer
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Exhibit
No.
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Description
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99.1
|
Press
release of Key Technology, Inc., dated March 16,
2009
|