Laser Photonics Acquires Control Micro Systems (CMS)
December 17, 2024
Laser Photonics Corporation (NASDAQ: LASE) acquired Control Micro Systems, Inc. (CMS) for approximately $1.05 million ($950,000 cash and $100,000 in common stock). The acquisition expands Laser Photonics' engineering capabilities and entry into the pharmaceutical market, with CMS bringing precision laser drilling systems and a revenue backlog of over $3.7 million.
- Buyers
- Laser Photonics Corporation
- Targets
- Control Micro Systems, Inc.
- Industry
- Manufacturing
- Location
- Florida, United States
- Transaction Type
- Buyout
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