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
Location
England, United Kingdom
Transaction Type
Buyout

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