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Paramit designs and manufactures medical devices and life science instruments.
Paramit designs and manufactures medical devices and life science instruments, with operations in California and Malaysia. Founded in 1990, it was led by CEO Billoo Rataul. Its services include design engineering, precision assembly, electronics manufacturing, and production of surgical devices and systems. Tecan Group acquired Paramit Corporation in June 2021 for USD 1.0 billion (CHF 920 million).
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