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Navitar to Acquire Hyperion Development

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ROCHESTER, N.Y., Feb. 25, 2016 — Navitar Inc., a manufacturer of precision optics and imaging system components, has signed a definitive agreement to acquire Hyperion Development LLC, a design firm and manufacturer of custom optical assemblies and OEM solutions. The deal is expected to close by the end of the first quarter, with operation out of four engineering, design and production facilities in San Ramon, Calif., Woburn, Mass., Denville, N.J., and Rochester, N.Y. “We are very excited to welcome everyone at Hyperion Development into the Navitar family,” said Jeremy and Julian Goldstein, owners of...Read full article

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