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    Breaking News

    Excelitas Technologies Completes Acquisition of Axsun Technologies

    Excelitas expands its specialty illumination and medical photonics capabilities.

    Excelitas Technologies Completes Acquisition of Axsun Technologies
    01.04.19
    Excelitas Technologies Corp. completed the acquisition of Axsun Technologies.

    Axsun specializes in the development and production of MEMS-based optical engines for medical imaging, industrial spectroscopy, and telecommunications applications.

    The addition of Axsun to the Excelitas Technologies portfolio expands the range of high-performance products for Life Science and Industrial OEM customers seeking single-source convenience and reliability to meet their advanced photonics systems requirements.

    “We are very pleased to add Axsun’s OCT (optical coherence tomography) expertise and leading-edge laser light-engine technology to complement our diverse sensing and illumination portfolio. This strategic acquisition will continue to build upon our medical products offering and allow us to address the ever-increasing performance needs of our highly valued OEM customers,” Excelitas EVP Michael Ersoni said.

    Axsun will continue operating from its facilities in Billerica, Massachusetts, as it is integrated into the Excelitas Technologies organization.

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      Record second-quarter sales of $1.36 billion improved 3.6 percent over prior year.
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    • Breaking News
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    • Breaking News
      Excelitas Technologies Acquires Axsun Technologies

      Excelitas Technologies Acquires Axsun Technologies

      Terms of the agreement are not being disclosed and the transaction is expected to close in early 2019.
      12.14.18

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