GSI Changes Name to Novanta

Laser, motion and vision technology provider GSI Group Inc. has changed its corporate name to Novanta Inc.

Novanta’s shareholders approved the corporate name change at their annual meeting.

"The name Novanta stands for the innovation advantage, as innovation and technical collaboration with customers are at the core of the company's value proposition, and our new logo signifies our focus on growth,” CEO John Roush said.

GSI Group has been known as a designer, developer and manufacturer of precision photonic and motion control components and subsystems.