Photonic solutions provider Excelitas Technologies (Waltham, MA) completed its acquisition of PCO (Kelheim, Germany) on September 3, 2021, adding to its sensing, illumination, and optical technologies offering for the life science and industrial markets. PCO manufactures digital imaging solutions, including scientific CMOS cameras, for a wide range of scientific and industrial applications.
Excelitas acquired 100% of PCO shares from founder Dr. Emil Ott. The company will continue to operate from its manufacturing facilities in Kelheim, expanding both Excelitas’ technological scope, as well as geographic footprint in Europe, North America, and Asia.
The acquisition of PCO is the latest in a series of strategic acquisitions by Excelitas Technologies since its founding in 2010. It is the fourth such acquisition since Excelitas was acquired by AEA Investors (New York, NY) in December 2017.
Source: Excelitas Technologies press release via GlobeNewswire
LFW Staff
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