Necsel to Acquire PD-LD
MILPITAS, Calif., Feb. 24, 2016 — Laser developer Necsel IP Inc. said it has entered into a definitive agreement to acquire PD-LD Inc., a manufacturer of customized laser products. The merger is expected to close in March.
“This acquisition will increase our product portfolio, know-how and strengthens our IP portfolio to better serve our customers in the bioinstrumentation and life sciences space,” said William Mackenzie, chairman and CEO of Necsel. “It also augments and strengthens our vertical integration strategy to continue to serve the needs of our projection customers and enhance the global rollout of laser cinema.”
Necsel develops and manufactures lasers and laser solutions for the projection, specialty lighting, medical, industrial and life sciences fields.