Excelitas Technologies Corp., based in Waltham, Massachusetts, has completed the acquisition of Phoseon Technology, Inc., Hillsboro, Oregon. Phoseon is an established pioneer in the design and manufacture of world-class LED-based industrial curing and scientific illumination solutions, delivering field-proven reliability and enabling significant efficiency gains for a wide range of global customers.
Phoseon joins Excelitas’ commercial business unit and will continue to operate from its state-of-the-art headquarters in Hillsboro, extending Excelitas’ geographic footprint into the Pacific Northwest.
The acquisition of Phoseon is the latest in a series of strategic acquisitions by Excelitas Technologies since its founding in 2010. It is the fifth such acquisition since Excelitas was acquired by AEA Investors (New York, New York) in December 2017.