Excelitas Technologies acquires Phoseon

Phoseon, which makes LED curing systems, has been acquired by Excelitas Technologies, which makes photonic solutions for a range of different applications including illumination, optronic and sensing, for both OEM and end-user customers.

Excelitas Technologies was founded in 2010 and acquired by the New York based private equity firm AEA Investors in December 2017. Since then the company has acquired four other companies with Phoseon being the fifth. Excelitas Technologies draws customers from a number of different markets, including biomedical, scientific, semiconductor, industrial manufacturing and consumer products as well as defense and aerospace. It employs some 7,500 staff with operations in North America, Europe and Asia.

Paul Brierley, Vice President Lighting at Excelitas Technologies, commented: “I am delighted to welcome the Phoseon team to the Excelitas family. Phoseon’s core capabilities in LED innovation and manufacturing ideally complement our existing technology offering and provide an excellent opportunity for expanded R&D cooperation to better serve our customers.” 

He added: “Furthermore, Phoseon’s compelling standard product portfolio promises tremendous growth when combined with our expansive global channel sales network. We are enthused with the prospect of offering the markets our extensive reach and broader range of UV LED solutions.”

Phoseon was set up in 2002 and initially concentrated on developing industrial curing solutions, including UV ink curing systems for printing presses. The company has also explored using its technology for life sciences such as research, detection and disinfection, setting up a dedicated division during the pandemic. Phoseon will continue to operate from its base in Oregon, USA. 

Bill Cortelyou, President and CEO of Phoseon Technology, noted: “Phoseon’s market strength in UV curing for the printing, coatings and finishing sectors is a perfect fit with Excelitas’ proven leadership in UV curing for the medical device and electronics manufacturing space. Together, we offer comprehensive sales and support for curing solutions across the broadest possible range of applications.” He added: “We are extremely pleased with the strong support and seamless integration that this partnership will create. We see increased LED and UV innovation forthcoming and expect significant growth in this new partnership.”

You can find further details on both companies from phoseon.com and excelitas.com.



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