Luna Innovations Acquires LIOS Sensing from NKT Photonics

March 14, 2022

Luna Innovations Incorporated (NASDAQ: LUNA) has acquired LIOS Sensing, a division of NKT Photonics, for €20 million in cash. The acquisition adds LIOS's distributed fiber-optic temperature and strain sensing technology and international customers to Luna's portfolio, expanding Luna's sensing capabilities and global presence.

Buyers
Luna Innovations Incorporated
Targets
LIOS Sensing
Sellers
NKT Photonics (NKT A/S)
Industry
Manufacturing
Location
Germany
Transaction Type
Buyout

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