Lynred Acquires New Imaging Technologies

IR sensor developer Lynred has acquired New Imaging Technologies (NIT), a Paris-based developer of short-wave IR (SWIR) imaging modules and sensors. In a strategic move to consolidate its leadership in IR sensors, Lynred said, the deal with expand its product portfolio to include large format shortwave sensors with small pixel pitch. Via the transaction, Lynred will bolster its product offering across the short- to long-wave IR band.

In addition to NIT’s SWIR products, the deal includes NIT’s portfolio of wide dynamic range patents.

The transaction is expected to close later this year.

The acquisition will enable Lynred to further support its customers’ needs in application areas such as AI, deep learning, and multispectral imaging. According to Lynred, NIT is the only Europe-based company to manufacture and market a SWIR HD1080p array and associated module at a pixel size of 8 µm, which Lynred said is a key asset for several applications that it now aims to leverage. “The global market for SWIR infrared imaging for machine vision is growing fast, as well as for defense applications, such as laser detection and in new space,” said Hervé Bouaziz, executive president at Lynred, who joined the company with CEO Xavier Caillouet earlier this year.

In parallel to the acquisition, Lynred said that it is investing in its ongoing Campus project, which includes the construction of cleanroom spaces that will double Lynred’s current capacity.