UV LED-curing systems manufacturer Phoseon Technology has been acquired by Excelitas Technologies, which specialises in UV curing for medical devices and electronics manufacturing. The acquisition will pave the way for ‘increased LED and UV innovation’, the companies said.
‘Phoseon’s core capabilities in LED innovation and manufacturing ideally complement our existing technology offering and provide an excellent opportunity for expanded R&D cooperation to better serve our customers,’ said Paul Brierley, vice president for Lighting at Excelitas Technologies.
‘Furthermore, Phoseon’s compelling standard product portfolio promises tremendous growth when combined with our expansive global channel sales network. We are enthused with the prospect of offering the markets our extensive reach and broader range of UV LED solutions,’ Mr Brierley concluded.
For Phoseon, Bill Cortelyou, president and CEO, commented, ‘Phoseon’s market strength in UV curing for the printing, coatings and finishing sectors is a perfect fit with Excelitas’ proven leadership in UV curing for the medical device and electronics manufacturing space. Together, we offer comprehensive sales and support for curing solutions across the broadest possible range of applications.
‘We are extremely pleased with the strong support and seamless integration that this partnership will create. We see increased LED and UV innovation forthcoming and expect significant growth in this new partnership.’
Phoseon now joins Excelitas’ commercial business unit, but will continue to operate from its headquarters in Hillsboro, Oregon.
