WALTHAM, MA, November 12, 2013 – Excelitas Technologies, a global technology leader focused on delivering innovative, customized optoelectronics to OEMs seeking high-performance technology solutions, announced that it has acquired Lumen Dynamics, a privately held innovation leader and volume manufacturer of lamp and LED-based UV curing and fluorescence illumination systems.
“Lumen Dynamics’ technology and innovative product portfolio complement Excelitas’ existing suite of specialty lighting products,” said David Nislick, Chief Executive Officer, Excelitas Technologies. “With the addition of Lumen Dynamics’ expertise in UV curing, Excelitas is now poised to expand our penetration of the high growth UV curing markets and address an even wider range of demanding medical and industrial applications.” This acquisition strengthens Excelitas’ UV and LED capabilities and broadens the portfolio of offerings to the fluorescence illumination and microscopy markets.
Headquartered in Ontario, Canada and founded in 1984, Lumen Dynamics is focused on advancing UV system technology while continuously improving its contribution towards environmental sustainability. It offers a comprehensive suite of products under high-profile OmniCure and X-Cite brands. The combined companies will deliver an expanded range of customized fiber optic UV and LED solutions and specialty lighting products for OEMs in electronics/optoelectronics, digital printing, medical device, and life science applications.
Lumen Dynamics marks the fourth acquisition consummated by Excelitas since its formation in late 2010. In October 2013, Excelitas completed the acquisition of Qioptiq, further diversifying the range of optoelectronic products to OEMs and increasing the Company’s global footprint. In 2012, Excelitas acquired high-voltage power supplier Kaiser Systems and lamp-manufacturer Carsan Engineering.
The terms of the deal are not being disclosed.
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