Excelitas Technologies secures Lumen Dynamics
WALTHAM, Mass., Nov. 13, 2013 — Optoelectronics maker Excelitas Technologies said it is strengthening its UV and LED capabilities by acquiring privately held Lumen Dynamics, the company announced Tuesday.
Founded in 1984 and based in Ontario, Canada, Lumen provides lamp- and LED-based UV curing and fluorescence illumination systems under the OmniCure and X-Cite brands. The combined companies will deliver an expanded range of customized fiber optic UV and LED solutions and specialty lighting products for OEMs in electronics/optoelectronics, digital printing, medical device and life science applications, Excelitas said.
"Excelitas is now poised to expand our penetration of the high-growth UV-curing markets and address an even wider range of demanding medical and industrial applications," said Excelitas CEO David Nislick. The acquisition also broadens the company’s portfolio of offerings to the fluorescence illumination and microscopy markets, he added.
Lumen Dynamics is Excelitas' fourth acquisition since it formed in late 2010, the company said. In October, Excelitas completed its acquisition of Qioptiq. In 2012, it acquired high-voltage power supplier Kaiser Systems and lamp manufacturer Carsan Engineering.
Terms of the Lumen Dynamics deal are not being disclosed.
For more information, visit: www.excelitas.com