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LightPath Acquires Visimid Technologies

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ORLANDO, Fla., July 28, 2023 — LightPath Technologies, a manufacturer and integrator of optical and infrared technologies, has acquired Visimid Technologies, an engineering and design firm specializing in thermal imaging, night-vision, and Internet of Things applications. Terms of the cash and stock transaction were not announced. Visimid provides design and consulting services for Department of Defense contractors, commercial and industrial customers, and OEMs for original new products. The company specializes in the development and production of thermal and night-vision cores, such as LightPath’s Mantis...Read full article

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    Published: July 2023
    Glossary
    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...
    internet of things
    The internet of things (IoT) refers to a network of interconnected physical devices, vehicles, appliances, and other objects embedded with sensors, actuators, software, and network connectivity. These devices collect and exchange data with each other through the internet, enabling them to communicate, share information, and perform various tasks without the need for direct human intervention. Key characteristics and components of the internet of things include: Connectivity: IoT...
    BusinessOpticsImaginginfraredthermalnight visionInternet of ThingsLightPath TechnologiesVisimidDepartment of DefenseOEMAmericasacquisitionsmerger

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