Excelitas Technologies Acquires Phoseon Technology

Teledyne Acquires Select Aerospace and Defense Electronics Businesses from Excelitas

February 3, 2025

Aerospace & Defense

Teledyne Technologies agreed to acquire select aerospace and defense electronics businesses from Excelitas Technologies for approximately $710 million in cash. The deal includes Excelitas’ Optical Systems (Qioptiq) business in Northern Wales, UK and its U.S.-based Advanced Electronic Systems (AES) business, which will be integrated into Teledyne’s Aerospace and Defense Electronics segment.

Eypex Corporation Acquires JustLight

March 28, 2023

Medical Devices

Eypex Corporation has acquired all assets and IP of JustLight, including the Sunflower Smart Light Therapy lamp and related Smart Light Therapy and UV germicidal disinfection technologies. JustLight will be reorganized to operate independently under Eypex as the company expands from automotive lighting into consumer health and wellness products, with additional product commercialization planned over the next 18 months.

Exaktera Acquires Advanced Illumination Inc.

August 31, 2022

Manufacturing

Exaktera LLC, a portfolio company of Union Park Capital, has acquired Advanced Illumination Inc., a designer and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging and biomedical applications. Terms were not disclosed; Advanced Illumination will continue operating from Rochester, Vermont with John Thrailkill remaining in a leadership role and will be integrated into Exaktera's precision components platform to expand machine-vision illumination capabilities.

Union Park Capital's Exaktera Acquires ProPhotonix Limited

December 16, 2021

Manufacturing

Union Park Capital has acquired ProPhotonix Limited and will integrate the business into its Exaktera group. ProPhotonix, a designer and manufacturer of OEM laser modules and LED illumination solutions serving industrial, medical and scientific markets, will continue to be led by CEO Tim Losik and expand Exaktera's capabilities in optical and lighting components.

Astellas Pharma Acquires Xyphos Biosciences

December 26, 2019

Biotechnology

Astellas Pharma has acquired Xyphos Biosciences, gaining Xyphos' ACCEL convertible-CAR technology platform and immuno-oncology talent. The deal included $120 million paid at closing and potential milestone payments bringing the total transaction value to up to $665 million.

Excelitas Technologies Acquires Research Electro Optics (REO)

July 9, 2018

Manufacturing

Excelitas Technologies Corp. has completed the acquisition of Research Electro Optics (REO), a Boulder, Colorado-based manufacturer of high-precision optical components, thin-film coatings, optical subassemblies and HeNe lasers. The deal expands Excelitas' optics and photonics manufacturing capabilities and aims to provide OEM customers and defense prime contractors with a broader, single-source portfolio of high-performance illumination, optical and detection solutions.