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Excelitas Technologies Acquiring Qioptiq

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WALTHAM, Mass., Sept. 30, 2013 — Optoelectronics provider Excelitas Technologies Corp. is acquiring privately held photonics products maker Qioptiq from Arle Capital Partners, the companies announced Monday. The purchase price was not disclosed.

Waltham-based Excelitas provides optoelectronic devices for markets ranging from medical lighting to analytical instrumentation, clinical diagnostics, industrial, safety and security, and aerospace and defense. It employs approximately 3000.

Originally acquired by Candover Partners in 2005 but managed by London-based private equity manager Arle since 2010, Qioptiq employs 2000 and has operations in the US, Germany, the UK, Hungary and Singapore. It primarily serves the medical, life sciences, semiconductor and machine vision markets.

"We have helped the company develop into the global player it is today," said Arle partner Nils Stoesser. "Growing organically as well as through strategic acquisitions in Germany and the UK, Qioptiq is now a leading player in the photonics sector."

"Excelitas and Qioptiq are both market leaders in their respective product spaces, and our combined portfolio of active and passive optoelectronics products and capabilities will offer the global OEM community a one-stop source for high-reliability, high-performance photonic components and subsystems solutions," said Excelitas CEO David Nislick.

The transaction is subject to customary closing conditions and is expected to be completed in the next 60 days, the companies said.

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Sep 2013
In morphological image processing, a series of dilations followed by the same number of erosions.
machine vision
Interpretation of an image of an object or scene through the use of optical noncontact sensing mechanisms for the purpose of obtaining information and/or controlling machines or processes.
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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