Ocutrx Acquires Spectrum Advanced Manufacturing Technologies

April 12, 2023

Ocutrx Technologies has acquired Spectrum Advanced Manufacturing Technologies, a Colorado Springs-based high-reliability electronics and assembly firm, to bring medical-device and hi-rel manufacturing capabilities in-house and repatriate supply chain operations to the U.S. Spectrum's founder Jeff Riggs will remain as a minority partner and CEO during integration, and Ocutrx plans to leverage Spectrum's process lines and ISO optics lab to scale AR/XR medical headsets and other devices in compliance with FDA and global standards.

Buyers
Ocutrx Technologies, Inc.
Targets
Spectrum Advanced Manufacturing Technologies, Inc.
Industry
Medical Devices
Location
Colorado, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.