Excelitas Technologies (Waltham, Mass.) – a global provider of high-performance photonics – said today that it has signed a definitive agreement to acquire Axsun Technologies.
Axsun (Billerica, Mass.) is a privately-held company that develops and produces MEMS-based light engines for high-performance medical imaging and industrial spectroscopy applications.
Financial terms of the agreement were not disclosed. The deal is expected to close early next year.
Excelitas officials said the Axsun purchase will expand their company’s photonics portfolio in the medical and industrial markets.
Excelitas Technologies presently has roughly 6,700 employees in North America, Europe and Asia.
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