Groupe HLD Acquires Photonis (now Exosens) from Ardian

THEON INTERNATIONAL Acquires 9.77% Stake in Exosens from HLD Europe

January 7, 2026

Aerospace & Defense

HLD Europe has completed the sale of a 9.77% stake in Exosens to THEON INTERNATIONAL at a price of €54 per share. After the transaction HLD Europe retains a 22.35% stake in Exosens; THEON (a European night-vision and thermal imaging manufacturer) takes a strategic minority position in the company.

Exosens Acquires LR Tech

September 2, 2024

Manufacturing

Exosens (Euronext: EXENS) has completed the acquisition of Quebec City–based LR Tech, a developer and manufacturer of FTIR spectroradiometers. The purchase adds FTIR instruments to Exosens’ high-performance instrumentation portfolio—strengthening its offering for defense, aerospace, environmental and scientific research markets and supporting Exosens’ bolt-on growth strategy.

indie Semiconductor Acquires EXALOS AG for $45 Million

September 27, 2023

Manufacturing

indie Semiconductor has completed the acquisition of Swiss photonics company EXALOS AG for about $45 million in stock, with up to $20 million of additional contingent consideration tied to 24-month revenue-based performance targets. The deal secures EXALOS' SLED and SOA technologies and a team of ~17 engineers to expand indie's laser and silicon photonics portfolio and accelerate its Autotech offerings to global tier‑1 suppliers and automotive OEMs.

Groupe HLD Acquires Infodis

March 16, 2023

IT Services

Groupe HLD has acquired Infodis, a French IT integration and infrastructure outsourcing specialist with about 600 employees. HLD said Infodis will leverage the group's financial and operational support to accelerate development in France and internationally and pursue targeted acquisitions of high value‑added IT expertise; the transaction follows LBO France's prior majority ownership.

Ouster Acquires Sense Photonics and Launches Ouster Automotive

October 25, 2021

Automotive

Ouster, Inc. has completed the acquisition of Sense Photonics in an all‑stock deal (approximately 10 million Ouster shares) and established a new division, Ouster Automotive, to accelerate mass‑market adoption of solid‑state digital lidar. The transaction adds Sense's IP (100+ pending patent applications and an exclusive license to 250+ patents), ~80 global employees, and advances Ouster's automotive programs including a flagship OEM development deal and negotiations for multiple series production programs.

Luminar Technologies Acquires OptoGration Inc.

July 19, 2021

Manufacturing

Luminar Technologies has acquired its exclusive InGaAs photodetector design partner and specialized fabrication partner, OptoGration Inc., securing chip IP and production capacity to support series production of its Iris lidar sensor. The deal brings OptoGration’s founders into Luminar, secures roughly one million InGaAs chips per year capacity (expandable), and deepens integration with Luminar’s Black Forest Engineering assets to accelerate production and reduce costs.