Sydor Optics Acquires Vertex Optics

Synoptek Acquires Optistar Technology Consultants

December 6, 2022

IT Services

Synoptek has acquired Optistar Technology Consultants, the technology services division of The Vertex Companies, to expand its managed IT, cybersecurity, digital forensics and software engineering capabilities and strengthen its presence in the Northeastern United States. The deal represents a divestiture by Vertex of its Optistar technology services business and will fold the Optistar business into the Synoptek brand to accelerate regional growth and broaden service offerings.

Nordson Corporation Acquires CyberOptics Corporation for $380 Million

November 3, 2022

IT Services

Nordson Corporation signed a definitive agreement to acquire CyberOptics Corporation for approximately $380 million in an all-cash transaction at $54.00 per share. The acquisition is intended to expand Nordson’s test and inspection platform with CyberOptics’ high-precision 3D optical sensing technology for semiconductor and electronics inspection and metrology.

Vertex Aerospace Acquires Raytheon Technologies' Defense Training and Mission Critical Solutions Business Lines

December 7, 2021

Aerospace & Defense

Vertex Aerospace, owned by private equity firm American Industrial Partners, agreed to acquire Raytheon Technologies' Defense Training and Mission Critical Solutions business lines, a group of businesses that generated approximately $1.0 billion in sales in 2020. The transaction (a divestiture by Raytheon Technologies) adds roughly 2,000 employees to Vertex, expands its training, mission-critical support and modernization capabilities, and broadens its government and commercial aerospace contract portfolio.

Keysight Technologies to Acquire Synopsys Optical Solutions Group

September 19, 2024

Cloud & SaaS

Keysight Technologies entered into a definitive agreement to acquire Synopsys’ Optical Solutions Group, a developer of optical design and analysis software tools. The deal expands Keysight’s design engineering software portfolio for optical systems design, analysis, simulation, and virtual prototyping, and is expected to close in the first half of 2025 subject to customary approvals and conditions, including regulatory review of Synopsys’ pending acquisition of Ansys.

Luxium Solutions Acquires Inrad Optics for $19 Million

April 9, 2024

IT Services

Luxium Solutions has completed its all-cash acquisition of Inrad Optics in a deal valued at approximately $19 million (including assumed debt). Under the terms of the definitive merger agreement, Inrad Optics stockholders received $1.10 per share in cash, and the transaction strengthens Luxium’s portfolio in optics and photonics solutions.

Vectrus and The Vertex Company to Combine in All-Stock Merger

March 7, 2022

Aerospace & Defense

Vectrus, Inc. and The Vertex Company announced an all-stock merger to create a leading global provider of mission-essential government services. The combined company will have pro forma 2021 revenue of approximately $3.4 billion, pro forma backlog of about $11.3 billion, and is expected to deliver cost synergies and enhanced capabilities while maintaining Vectrus’s NYSE listing and a Northern Virginia headquarters post-close.