Austin-based NexTech Solutions, Inc., a publicly traded manufacturer of automated optical inspection systems used in the production of flat panel displays, and FAS Technologies, LLC, a Dallas-based company widely recognized for the development of the digital fluid dispense pump and spinless coating technology, announced this week that they have merged. The merger positions the newly combined company to become a dominant competitor in the flat panel display and semiconductor markets, opening diverse sales channels and broadening solutions on a global scale.

Tony Di Napoli, President and CEO of NexTech Solutions has stated "The integration of NexTech and FAS Technologies creates a new paradigm within our marketplaces by providing our customers better solutions and services. Since our inception, our goal was to build the fundamentals of a solid company and continue to deliver growth to our shareholders, and this merger is a significant step in achieving these goals."

The combination of these two Texas companies should be exciting to watch.