Luna Innovations Acquires Silixa
December 21, 2023
Luna Innovations Incorporated acquired Silixa, a UK-based leader in distributed fiber optic sensing, for $21.5 million in upfront cash plus up to $16.5 million in earnouts. The deal, partially funded by a strategic investment from White Hat Capital Partners, adds DAS, DTS and DSS capabilities to Luna's portfolio and expands its presence in the U.K./EMEA and end markets such as energy, mining and defense.
- Buyers
- Luna Innovations Incorporated
- Targets
- Silixa
- Sellers
- Lime Rock Partners, Chevron Technology Ventures, Equinor Ventures
- Industry
- Telecommunications
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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