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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