Exaktera Acquires Advanced Illumination
Automation technology company Exaktera LLC, a Union Park Capital portfolio company, acquired Advanced Illumination Inc., a Vermont-based designer and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging, biomedical, and related imaging applications. Terms of the transaction were not disclosed. Per the agreement, Advanced Illumination President John Thraikill will continue in his role.
Advanced Illumination’s LED components, current mode drivers, and strobe sources — combined with optical and thermal design techniques — enable factory automation and machine vision across a wide variety of industrial applications. Advanced Illumination's portfolio in specialty LED solutions and expertise in machine vision complements Exaktera’s existing capabilities, according to Phil Martin, CEO of Exaktera.
In November 2021, Exaktera acquired ProPhotonix, a designer and manufacturer of LED illumination systems and laser diode modules, in a deal worth approximately $11.6 million.
LATEST NEWS
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024
- One-Step Hologram Generation Speeds 3D Display Creation
Apr 24, 2024
- Innovation Award Winners for Laser Technology Honored in Aachen
Apr 23, 2024
- Intech 2024: AI Arrives on the Shop Floor
Apr 22, 2024