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Photonis Eyes Infrared Imaging Market with Xenics Acquisition

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Technology company Photonis has signed a definitive agreement to acquire Xenics, a Belgian developer and manufacturer of infrared solutions. Photonis’ technology supports the defense and industrial markets. Camera maker Xenics is a leading supplier in Europe of shortwave infrared (SWIR) imagers. Its offerings support machine vision, biomedical, and thermography applications, among others.

Terms of the transaction were not disclosed. The deal is expected to be finalized in the coming weeks, the companies said.

According to the companies, the merged group will provide imaging products to its business-to-business customers through mastering of component manufacturing, a large geographical reach, and advanced technological capabilities. With the acquisition, according to Jérôme Cerisier, CEO of Photonis, the team is aiming to create a European integrated leader in advanced imaging in high-end markets.

Xenics is based in Leuven, Belgium. Photonis has operations globally, including in France, the Netherlands, and China.
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Published: December 2022
Glossary
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
infrared
Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...
BusinessImagingcamerasmachine visionSWIRswir cameraLWIRLWIR cameracamera coresXenicsPhotonismergers & acquisitionsEuropeinfraredinfrared imagingdefenseaerospace & defenseindustrialIndustry NewsBioScanThe News Wire

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